Quant Hedge Funds Boom in Asia
- New computer-driven funds set to open in Singapore, Hong Kong
- Quants have outperformed China equity hedge funds this year
Commercial buildings in the central business district are reflected on a building facade in Singapore.
Photographer: Brent Lewin/BloombergThis article is for subscribers only.
More Asian hedge funds are starting computer-driven strategies, as investors disappointed by the poor performance of some traditional funds search for better returns.
In Singapore, $2 billion multi-family office Thirdrock Group has launched a quant fund, and Lucerne Investment Partners is considering starting one next year. Charles Wang, a former portfolio manager at Bosera Asset Management, is about to launch a vehicle on OP Investment Management’s platform in Hong Kong, where Hantak Investment Advisors plans to next year open a version of the quantitative fund it runs out of Beijing.