Former Kingdon Capital macro trader Will Allen has launched a new quantitative fund known as Revolution. The strategy uses more than 10 individual systems each of which is designed to capitalize on a unique market condition, from long-term trend-following to short-term pattern recognition.
WoodAllen utilizes its proprietary portfolio construction technology, developed by Pei Chang, who oversees the firm's quantitative research and risk management. Chang was previously a senior research scientist at Tudor and a director at Computer Trading Corp. The strategy was seeded with an allocation from the firm's master fund.
WoodAllen manages $1 billion. Allen left Kingdon in