UBS launches two quant funds


UBS Global Asset Management is gearing up for the launch of a pair of quantitative long/short funds under its DIS brand name, which is a $6.5 billion Stamford-based enhanced global equity index manager. The funds are the first major attempt by DIS to incorporate some of its own quantitative models into a hedge fund structure. A team led by George Rooney, the former lead portfolio manager at BGI who has expertise in the Japanese market, will be managing the quantitative long/short fund that is Japan-focused, while a team led by Joe Mancini will the manage the U.S.-focused fund.