Singapore-based Piquant Capital is creating a considerable
buzz amongst the investor community with a systematic
quantitative trading strategy it plans to roll out in early
2013. The equity market-neutral strategy - Piquant Ena
(PIENA) - is already being run in a managed account format,
with backing from three prominent family groups, since
October 2011, with returns so far of 11-12%.
The firm plans to open up the strategy to external
investors and convert it into a fund around February or
earlier next year. The list of original backers is
impressive, and includes Michael Nock, founder of Doric
Capital and a pioneer of the...