Hedge Funds

GSA's Alpha Capture gains traction


Quant-based firm's highly liquid TOPS-style fund has rebounded from last year's losses to make a 9% gain in the first half of 2009

One year on from its launch, GSA Capital's TOPS-style Alpha Capture fund is starting to gain traction - both in terms of the market-neutral fund's performance and in the quality of brokers submitting global equity recommendations to the quant-based firm's proprietary optimisation process.

Jonathan Hiscock

The fund is up by around 9% this year, and is roughly flat since inception after launching in July ahead of the brutal equity market conditions in the second