13 Sep 2011
Matrix announced today the launch of the Cantab Quantitative UCITS Fund, a fully systematic global macro fund that pursues the same investment strategy as the offshore CCP Quantitative Fund, but is subject to UCITS investment restrictions.
Since launch in March 2007 the Aristarchus share class of the offshore fund, run by Cambridge-based systematic macro manager Cantab Capital Partners, the investment manager, has returned 84%, compared to -0.4% for the HFRX Macro Index. Matrix is the sub investment manager of the Cantab Quantitative UCITS Fund
Cantab currently has 30 staff with 17 of those dedicated to investment and systems research. It has $1.7 billion under management.
The Matrix UCITS platform will support the fund’s operational, risk management and regulatory requirements. The platform focuses on bringing UCITS funds to market in the most cost-effective and operationally robust manner possible for their clients. The platform combines an experienced team in managing alternative fund structures, a strong internal infrastructure, partnerships with leading service providers and flexible fund structures.
Since launch in March 2007 the Aristarchus share class of the offshore fund, run by Cambridge-based systematic macro manager Cantab Capital Partners, the investment manager, has returned 84%, compared to -0.4% for the HFRX Macro Index. Matrix is the sub investment manager of the Cantab Quantitative UCITS Fund
“The systematic macro space has always been popular amongst institutional investors both for its highly liquid profile and ability to harvest returns other than those relied upon by traditional investments,” said Dr Ewan Kirk, who co-founded Cantab in 2006 with Erich Schlaikjer and Chris Pugh. “The structural inefficiencies underpinning the global systematic space have persisted for decades and are viewed by many as a reliable and diversifying source of return.”
Cantab currently has 30 staff with 17 of those dedicated to investment and systems research. It has $1.7 billion under management.
“We have seen an increased demand from investors for institutional quality products that would diversify their exposure to traditional investments as well as provide attractive risk adjusted returns,” said Kirk. “We are pleased that we can offer Cantab’s tested rigorous research and industrial strength infrastructure to a wider base of onshore investors through a product that has a potential to significantly enhance and diversify their portfolios.”
The Matrix UCITS platform will support the fund’s operational, risk management and regulatory requirements. The platform focuses on bringing UCITS funds to market in the most cost-effective and operationally robust manner possible for their clients. The platform combines an experienced team in managing alternative fund structures, a strong internal infrastructure, partnerships with leading service providers and flexible fund structures.
“I am delighted to be teaming up with a manager of Cantab’s calibre to launch our UCITS platform’s fourth fund,” Angus Woolhouse, CEO of Matrix Asset Management. “The Cantab team have an outstanding track record and with the launch of the Cantab Quantitative UCITS Fund their expertise will now be accessible to a much broader investor base.”
