Alcova Asset Management, set up by star Goldman Sachs trader George Assaly, is understood to be readying the launch of its global quantitative strategy in December, with backing of a large US-based cornerstone investor. While this Goldman spin-out will be London-based, the strategy will start by focusing on Japan, followed by Asia and the rest of global markets.
The launch is generating a significant buzz among investors given the team’s pedigree; Assaly...