Funds

MANAGER INSIGHTS

“No beliefs, only processes”: How French hedge fund Quantology’s machine-based model is reaping rewards

“No beliefs, only processes”: How French hedge fund Quantology’s machine-based model is reaping rewards

“Our motto is: ‘no beliefs, only processes’,” says Julien Messias, portfolio manager and co-founder of French systematic hedge fund Quantology Capital Management. “We are agnostic as to where the market will go – it is impossible to forecast. So what we trust are our processes.”

SHORT-SELLING

Hedge funds pile into Nikola short positions, as e-vehicle maker’s founder resigns amid fraud allegations

Hedge funds pile into Nikola short positions, as e-vehicle maker’s founder resigns amid fraud allegations

Hedge fund short sellers are circling Nikola Corporation, the electric vehicle and component manufacturer at the centre of fraud allegations, with the Nasdaq-listed firm’s share price tipped to tumble this week following executive chairman Trevor Milton’s sudden resignation on Sunday night (20 September).

FUND LAUNCH

Hickory Lane Capital launches multi-sector equity hedge fund with Investcorp-Tages as anchor

Hickory Lane Capital launches multi-sector equity hedge fund with Investcorp-Tages as anchor

Hickory Lane Capital Management, a New York-based fundamental equities-focused investment manager, is tapping into opportunities across the TMT, industrials and consumer sectors with a new long/short equity strategy, which has launched with USD100 million in assets anchored by asset management seeder Investcorp-Tages.

MANAGER INSIGHTS

“A psychological placebo”: Why this hedge fund manager is betting against drug companies in the race for a Covid vaccine

“A psychological placebo”: Why this hedge fund manager is betting against drug companies in the race for a Covid vaccine

The frantic hunt for an effective vaccine against coronavirus could leave some pharmaceutical companies highly exposed in a fiercely competitive race – and UK hedge fund Argonaut Capital is weighing in with several key bets against the sector.