In an article published on July 12, 2024, Bloomberg
published a list of the biggest hedge funds getting off to great starts to the
year, naming Quantedge Global Master Fund among well renowned peers such as D.E.
Shaw’s macro fund, Marshall Wace’s TOPS quant fund, Citadel’s tactical
multimanager fund. 

Quantedge, a single portfolio manager, has a track-record
of almost 18 years of market-beating returns, averaging 20% net annualised
returns since inception. Such aggressive compounding would lead to a day-one
investor growing each dollar invested 23 times. 

The article describes these fund as getting off to one of
the best starts to a year, aided by stocks and quantitative investing. 

Quantedge invests in close to 300 different markets within
its ultra-diversified quantitative investment portfolio, which deploys both
risk premia and market-neutral strategies. The fund is up +17% as of the end of
July, with gains largely coming from currency long-shorts, equity risk premia
and equity long-short strategies. Its dynamic asset allocation approach
involves re-evaluating the attractiveness of strategies daily and rebalancing daily.


Suhaimi Zainul-Abidin, CEO for Quantedge Capital remarked
that “We had a good year in 2023, when the fund made 30% on the back of tail
wind on equities risk premia and commodity long-short bets. We’re continuing to
make gains from equities, but our currency long shorts have been more
profitable this year, thus far.” 

When Quantedge launched its fund in 2006, it started with a
modest $2.8 million under management, with a goal of running a systematic
investment strategy that targeted a high level of portfolio volatility to
deliver outsized long-term returns. Its growth into a large hedge fund (&gt;
$1billion) over the years has been nothing short of remarkable. While Quantedge
continues to grow its assets under management, it has no plans to launch
additional funds or products, preferring to focus on a single investment portfolio
for the benefit of investors. 

“We’ve always promised our investors that all our resources
are devoted to optimising our single investment portfolio. Our employees invest
alongside all our external investors, and together make up the biggest investor
in the fund. Our interests are fully aligned”, Suhaimi added. 

When asked about future returns, Suhaimi clarified that
Quantedge is not able to predict the future. He said “We don’t make predictions
about whether the next day, week or month will be good for the markets. It’s
anyone’s guess because the possibilities are endless. But looking at the
markets today, we can say that the odds are in our favour. The current high-interest
rate-environment benefits our investment strategy by making safer markets more
attractive alternatives to risk ones for participants looking to de-risk. This
drives lower correlations across markets, which should enhance the performance
of well-diversified strategies like ours.”

Quantedge’s investors include institutional investors such
as reinsurance companies and university endowments from across the globe.
However, most of its investors are high net-worth individuals and family
offices based in Asia, being investors who have both a long-term investment
horizon and the ability to tolerate short term volatility. 

Quantedge Global Master Fund named by Bloomberg among hedge fund giants that are off to a great start this year. In an article published on July 12, 2024, Bloomberg
published a list of the biggest hedge funds getting off to great starts to the
year, naming Quantedge Global Master Fund among well renowned peers such as D.E.
Shaw’s macro fund, Marshall Wace’s TOPS quant fund, Citadel’s tactical
multimanager fund. Quantedge, a single portfolio manager, has a track-record
of almost 18 years of market-beating returns, averaging 20% net annualised
returns since inception. Such aggressive compounding would lead to a day-one
investor growing each dollar invested 23 times. The article describes these fund as getting off to one of
the best starts to a year, aided by stocks and quantitative investing. Quantedge invests in close to 300 different markets within
its ultra-diversified quantitative investment portfolio, which deploys both
risk premia and market-neutral strategies. The fund is up +17% as of the end of
July, with gains largely coming from currency long-shorts, equity risk premia
and equity long-short strategies. Its dynamic asset allocation approach
involves re-evaluating the attractiveness of strategies daily and rebalancing daily.
Suhaimi Zainul-Abidin, CEO for Quantedge Capital remarked
that “We had a good year in 2023, when the fund made 30% on the back of tail
wind on equities risk premia and commodity long-short bets. We’re continuing to
make gains from equities, but our currency long shorts have been more
profitable this year, thus far.” When Quantedge launched its fund in 2006, it started with a
modest $2.8 million under management, with a goal of running a systematic
investment strategy that targeted a high level of portfolio volatility to
deliver outsized long-term returns. Its growth into a large hedge fund (&gt;
$1billion) over the years has been nothing short of remarkable. While Quantedge
continues to grow its assets under management, it has no plans to launch
additional funds or products, preferring to focus on a single investment portfolio
for the benefit of investors. “We’ve always promised our investors that all our resources
are devoted to optimising our single investment portfolio. Our employees invest
alongside all our external investors, and together make up the biggest investor
in the fund. Our interests are fully aligned”, Suhaimi added. When asked about future returns, Suhaimi clarified that
Quantedge is not able to predict the future. He said “We don’t make predictions
about whether the next day, week or month will be good for the markets. It’s
anyone’s guess because the possibilities are endless. But looking at the
markets today, we can say that the odds are in our favour. The current high-interest
rate-environment benefits our investment strategy by making safer markets more
attractive alternatives to risk ones for participants looking to de-risk. This
drives lower correlations across markets, which should enhance the performance
of well-diversified strategies like ours.”Quantedge’s investors include institutional investors such
as reinsurance companies and university endowments from across the globe.
However, most of its investors are high net-worth individuals and family
offices based in Asia, being investors who have both a long-term investment
horizon and the ability to tolerate short term volatility.

Securities / FX / Investment Trusts

Quantedge Global Master Fund named by Bloomberg among hedge fund giants that are off to a great start this year. 

Quantedge makes Bloomberg list of Hedge Fund Giants 

Quantedge Global Fund surged 22% in Q1 this year to an all-time high AUM of $3.8bn, making it one of Asia's biggest quant macro funds. The fund delivered a near 30% gain in 2023, even as the MSCI Asia-Pacific index gained 11.8% and the average Asia fund was up almost 4%.&nbsp;

CEO Suhaimi Zainul-Abidin told With Intelligence in an interview that directional equity risk premia strategies, market-neutral long/short strategies, and directional commodities strategies were the key drivers of first-quarter performance.&nbsp; &nbsp;

The ultra-diversified fund trades across nearly 300 markets spanning equities, fixed income, commodities, currencies and reinsurance. In addition to its core directional risk-premia strategies, Quantedge also employs long/short strategies that are dynamically adjusted daily. The fund has expanded its range of strategies over the years to include market-neutral, factor-based strategies, which have done well in the past 2 years.&nbsp;

Speaking to With Intelligence, Suhaimi spoke about how technology has always been at the heart of what Quantedge does. He remarked that even though AI is still nascent and developing, investment firms will already be able to leverage on AI to improve trading efficiency, speed and quality of research, and also programming.&nbsp;

When asked about future growth plans, Suhaimi remarked that it was "within the realms of possibility" that the fund doubles its size every three or so years. "Could we be managing $10 billion within the next 5 to 10 years? I think it's possible. We certainly have the strategy, systems, and the people to handle that amount of capital. Whatever the case, we want to ensure that we can deliver the same or better quality of returns for our investors."

While Quantedge's investors include institutions such as university endowments and (re)insurance companies, a large majority of its investors are family offices and high-net-worth individuals. The fund remains open to new investors and additional subscriptions.&nbsp;

Suhaimi described the high interest rate environment as a healthy state to be in for diversified strategies. "When interest rates are too low, risk premia tend to be compressed with higher correlation across markets and asset classes, especially in times of market stress. That's not healthy. With meaningful interest rates, we expect more normal risk premia levels and lower correlation between equities and bonds; between risky and safe-haven assets, which is good for any highly diversified investment strategy. There is thus good reason to be optimistic."

Singapore-based Quantedge surged 22% in Q1 to an all-time high AUM and is primed for future growth. Quantedge Global Fund surged 22% in Q1 this year to an all-time high AUM of $3.8bn, making it one of Asia's biggest quant macro funds. The fund delivered a near 30% gain in 2023, even as the MSCI Asia-Pacific index gained 11.8% and the average Asia fund was up almost 4%.&nbsp;CEO Suhaimi Zainul-Abidin told With Intelligence in an interview that directional equity risk premia strategies, market-neutral long/short strategies, and directional commodities strategies were the key drivers of first-quarter performance.&nbsp; &nbsp;The ultra-diversified fund trades across nearly 300 markets spanning equities, fixed income, commodities, currencies and reinsurance. In addition to its core directional risk-premia strategies, Quantedge also employs long/short strategies that are dynamically adjusted daily. The fund has expanded its range of strategies over the years to include market-neutral, factor-based strategies, which have done well in the past 2 years.&nbsp;Speaking to With Intelligence, Suhaimi spoke about how technology has always been at the heart of what Quantedge does. He remarked that even though AI is still nascent and developing, investment firms will already be able to leverage on AI to improve trading efficiency, speed and quality of research, and also programming.&nbsp;When asked about future growth plans, Suhaimi remarked that it was "within the realms of possibility" that the fund doubles its size every three or so years. "Could we be managing $10 billion within the next 5 to 10 years? I think it's possible. We certainly have the strategy, systems, and the people to handle that amount of capital. Whatever the case, we want to ensure that we can deliver the same or better quality of returns for our investors."While Quantedge's investors include institutions such as university endowments and (re)insurance companies, a large majority of its investors are family offices and high-net-worth individuals. The fund remains open to new investors and additional subscriptions.&nbsp;Suhaimi described the high interest rate environment as a healthy state to be in for diversified strategies. "When interest rates are too low, risk premia tend to be compressed with higher correlation across markets and asset classes, especially in times of market stress. That's not healthy. With meaningful interest rates, we expect more normal risk premia levels and lower correlation between equities and bonds; between risky and safe-haven assets, which is good for any highly diversified investment strategy. There is thus good reason to be optimistic."

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Singapore-based Quantedge surged 22% in Q1 to an all-time high AUM and is primed for future growth.  

Quantedge Primed for Growth

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