Capital Fund Management, the highly-rated $5.7 billion
Paris-based systematic hedge fund group, is planning to add a
long-only quantitative asset management capability in what
could be a significant new leg to the business.
The firm has been researching a hybrid alternative offering
- using a quantitative long-only approach - that will start
trading internally later this year, after running with a paper
prototype for a period of several months. CFM aims to make the
new product available to outside investors in 2013 if internal
trading proves successful.
The new quantitative long-only offering will...