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Wermuth Asset Management restructures quant advisory business

Nov 08, 2013 - Hedgeweek

Wermuth Asset Management, the German family office and BaFin-regulated investment adviser, has restructured its quant advisory business.The focus is now on the systematic US equity long/short strategy which celebrated its fifth anniversary of audited returns in October. The Jersey-based fund for eligible investors, Wermuth Quant Global Strategy IC, had begun trading in April 2012. It has assets under management of USD10.5m and is expected to cross the USD15m mark in the near future. The fund out...