Launches & Closures

Cantab closes quant, launches Euler class

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Cantab Capital Partners is hard-closing its CCP Quantitative Fund from June for two months after strong recent asset growth to almost $750 million.

Although the firm believes the fund's capacity is at least $1.5 billion, it is taking a prudent approach to asset growth and the potential market impact of its strategies.

The firm had net inflows of $130 million in April - fuelled by its excellent performance in 2008 and strong investor demand for CTA-type strategies. Like many systematic funds, CCP's performance this year has been less good - with its Babbage and double-vol Archimedes classes down by