Best “unknown” quant funds/shops

gaj · Post by **gaj** » Mon Jan 07, 2019 7:23 am

@shiroto

The article says they are the biggest trader in LIFFE, doesn't say they do 50%+. I doubt anyone does more than 20% in major exchanges. Even the fastest players tend to leave some money on the table.

marino89 · Post by **marino89** » Sat Aug 17, 2019 2:20 pm

Any idea about how recently launched funds like Qube (Credit Suisse spin-off) or Squarepoint are doing these days?

sharpe_machine · Post by **sharpe_machine** » Sat Aug 17, 2019 2:33 pm

Citation from the page [2] of this thread (the answer appeared in the middle of 2018).

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Squarepoint has 3 funds. The first had a Sharpe of 6, second had a Sharpe of 3, but the 3rd fund is mostly enhanced Risk Premia and struggling. Strategies in the first two funds, range from pure Arb like index cash Arb, Stat Arb, pairs, futures vs spot in European indices, and can be very short term. The first two funds are nothing like Grinhold and Kahn.

Qube, or do you mean Cube which is the ex CS Fund. Made a lot of noise. 1bn at launch. Made no money since launch outside of CS.

Jurassic · Post by **Jurassic** » Sat Aug 17, 2019 2:50 pm

Thats quite old now though and last year wasnt a great year for quant hedge funds in general

eric16 · Post by **eric16** » Tue Aug 20, 2019 3:30 pm

So I guess the first two find of squarepoint won’t have too much size? Around 1b?

eric16 · Post by **eric16** » Tue Aug 20, 2019 3:34 pm

This year also seems not very good too. It seems that quant equity is hard to make money

gaj · Post by **gaj** » Thu Nov 07, 2019 9:03 am

Does anyone have any color on young prop firms like Headlands or Radix?

sharpe_machine · Post by **sharpe_machine** » Fri Mar 13, 2020 7:21 pm

Headlands gives relatively huge offers to newcomers. I have examples of fresh grads being offered in the region of 400-500K first year.

Its Grisha · Post by **Its Grisha** » Fri Mar 13, 2020 10:36 pm

> I have examples of fresh grads being offered in the region of 400-500K first year.

Fresh grads as in bachelors degree? I've heard of this for math olympiad winners going to Citadel, but surprised that a smaller shop can give first years that much.

That being said, tech industry is giving ~300 to strong but not elite undergrad programmers so not entirely surprised.

sharpe_machine · Post by **sharpe_machine** » Fri Mar 13, 2020 10:42 pm

Fresh Ph.D. in that case. Yes, this first-year comp is sign-on heavy.