MCP’s quant strategies get off to a solid start


MCP Asset Management’s two new systematic quantitative equity strategies, the Terra Grove Pan Asia Fund and the Terra Grove Japan Fund have brought in decent gains of 4% and 3%, respectively, since launch in mid May 2012. The funds reflect a growing number of quantitative funds in the Asia Pacific universe, thereby bringing in a new product diversity to the market.    

The two MCP funds are managed by veteran quant portfolio manager Masakatsu Hayashi, who previously ran a similar strategy at Millennium Capital, first in Tokyo and then in Singapore. Prior to that he was with Societe