Paris-based quantitative hedge fund Capital Fund Management (CFM) has opened a new office in Toronto as part of its strategy to expand its footprint in North America and tap into growing demand for alternative investment strategies among Canadian investors, according to a report by Bloomberg.
The move signals CFM’s intent to broaden access to its strategies, which are currently limited to institutional investors in Canada. The firm is now seeking to partner with a local firm to launch Canada-domiciled retail versions of its existing strategies, with a targeted rollout in 2026.
“We are already seeing significant interest in quantitative strategies that provide genuine de-correlation and diversification at a time when Canadian investors are rightfully questioning the efficacy of traditional 60/40 portfolios,” said Steve Shepherd, who heads the firm’s Canadian operations.
CFM manages over $18bn in assets globally, leveraging systematic, model-driven approaches to develop and implement market-neutral and factor-based strategies.
