Launches & Closures

Paris-based Capital Fund Management eyes long-only quant offering in move to diversify business, add institutional scale


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 use the same technology, risk