Hedge Funds

Mount Lucas adds to its quantitative arsenal


Mount Lucas Management, the New Jersey-based commodity trading advisor best known for its futures-focused MLM Index, recently boosted its quantitative research staff with two new hires.

Tim Rudderow's Mount Lucas, located a stone's throw away from the campus of Princeton University, did not have to look far for the new staffers, who came from Princeton Quantitative Investments LLC, based just down the road. Joining Mount Lucas as director of research is Princeton Quantitative Investments founder Adam Berger and co-founder Nan Lu, who joins as a senior researcher.

The duo will focus on building up the flagship Mount Lucas macro fund,