Quantedge
Investment Management | |
Founded | 2006 |
---|---|
Headquarters | |
AUM | ~$3.8 billion (Mar 2024) |
Number of employees | ~ 70 [1] |
Website | quantedge |
Quantedge Capital is an
Firm overview
Founded in 2006, the firm has more than 70 employees based in Singapore and New York.[3]
Investment strategy
Quantedge employs a systematic investment strategy that uses statistical models to invest across major macro asset classes such as
Investment returns
Since its launch in October 2006, the firm's Quantedge Global Fund has delivered roughly +20% annual returns after fees.[7] The fund has delivered positive returns for most years since inception, except in 2008 (-23%), 2015 (-18%), 2018 (-29%) and 2022 (-21%).[8] Its largest annual gains were in 2010 and 2019 with 82% and 70% return respectively.[9][10] The consistent outsize returns set the firm apart in the hedge-fund industry. Hedge funds globally have produced an average net annualized return of 7.2% as of the end of 2021.[11]
2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
36% | 19% | -23% | 47% | 82% | 33% | 39% | 9% | 29% | -18% | 27% | 38% | -29% | 70% | 7% | 20% | -21% | 30% |
Source: Bloomberg,[7] Stega Capital [12]. 2006 returns are since October.
The fund's track record makes it one of the most successful hedge funds as ranked by AsiaHedge,
Criticism
High target volatility
Quantedge targets a high level of total risk for its portfolio relative to other
Multi-year lock-ups
New investors are only offered investments in Share Classes which require either a 3-year or 5-year fixed-term investment, or semi-permanent capital with limited redemptions of to up to 5% per calendar quarter. More than 85% of their assets under management today are in such share classes, minimizing the risk of a run on the fund.[7][21]
References
- ^ Quantedge "About Us"
- ^ Klaus Wille “Asia’s Best Performing Macro Hedge Fund hits US$1 billion mark.’ Bloomberg, 20 August 2014.
- ^ "One of the World's Best Quant Funds Plunged 29% in March". Bloomberg.com. 2020-04-14. Retrieved 2020-10-16.
- ^ a b "AsiaHedge Awards 2014.”, Hedge Fund Intelligence, Euromoney Institutional Investor PLC, 24 November 2014.
- ^ a b c "The Billion Dollar Interview with Quantedge Global Fund", Eurekahedge Pte Ltd, August 2014.
- ^ Netty Ismail “Quantedge Aims to More Than Double Assets After Topping Macro Hedge Funds.” Bloomberg, 6 January 2011.
- ^ a b c "Hedge Fund Up 38% Wants to Stop Investors Taking Out Their Cash" Bloomberg, 1 February 2018
- ^ "Quantedge Hedge Fund Rebounds From 2015 Losses With 24% Surge", Bloomberg, 6 April 2016.
- ^ "Quantedge breaches US$1 billion in AUM after big gains.", Hedge Fund Intelligence, Euromoney Institutional Investor PLC, 7 July 2014.
- ^ "Quantedge jumps 12% in June as Brexit roils markets", Bloomberg, 14 July 2016.
- ^ "The Most Consistently Profitable Hedge Funds Continue to Prove Their Edge". RIA Intel. 2022-07-25. Retrieved 2024-05-02.
- ^ a b CIO Office (March 2023). "Portfolio Review". Stega Capital.
- ^ “Bloomberg Brief: Special Report on Asia Hedge Funds.” Bloomberg, September 2014.
- ^ "Bloomberg Top 100 Large Hedge Funds" Bloomberg, January 2015.
- ^ Eric Uhlfelder "Barron’s Best 100 Hedge Funds” Barrons, 18 May 2013
- ^ "40% Returns? How One High-Risk Hedge Fund Does It", Wall Street Journal, 20 July 2016.
- ^ a b Co-CEO Office (February 2021). "G.O.A.T Money Managers". Stega Capital.
- ^ Zuckerman, Gregory (2 November 2019). "The Making of the World's Greatest Investor". The Wall Street Journal.
- ^ Quantedge "Volatility of the Fund.”
- ^ Simon Kerr "Does the Absence of Marketing at Quantedge Capital Matter?”, Hedge Fund Insight, 25 August 2014.
- ^ a b David Ramli (15 April 2020). "One of the World's Best Quant Funds Plunged 29% in March". Bloomberg.
- ^ Nishant Kumar "Quantedge hedge fund surges 32 pct in 2011.”, Reuters, 6 January 2012.