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...