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Here's a recent piece on a change going on in systematic trading engineering: THE GIG ECONOMY COMES FOR HEDGE FUNDS Platforms that offer money managers the fr
by Terretta 3y ago
Here's a recent piece on a change going on in systematic trading engineering:
THE GIG ECONOMY COMES FOR HEDGE FUNDS
Platforms that offer money managers the freedom to build a business and maximize their return on performance while removing the hurdles of launching independently could change financial markets.
If the trend continues it could have a big effect on financial markets by making it easier for a wider assortment of unconventional managers to rise in the industry and offering investors better and cheaper access to them. …
Well-received start-up ClearAlpha Technologies has moved closest to the gig model. Its first offering is a commingled fund apportioned among its managers, but it has the platform to act as an exchange, matching investors to individual managers or customized portfolios of managers, cutting out all the expense of intermediaries.
Source:
-- https://www.bloomberg.com/opinion/articles/2023-06-09/the-gig-economy-comes-for-hedge-funds https://www.bloomberg.com/opinion/articles/2023-06-09/the-gi...
Reprints in case paywalled:
-- https://www.washingtonpost.com/business/2023/06/09/the-gig-economy-comes-for-hedge-funds/9c52ab8e-06ae-11ee-b74a-5bdd335d4fa2_story.html https://www.washingtonpost.com/business/2023/06/09/the-gig-e...
-- https://www.garp.org/risk-intelligence/technology/brave-new-world-062323 https://www.garp.org/risk-intelligence/technology/brave-new-...
You no longer have to have graduated as finance into finance. (In fact, we prefer if you graduated with some other math modeling heavy emphasis, think turbulence and flow, or actuarial modeling.)
A bit more about us, although this article is about our first fund mentioned above, not about the firm co-founded by Brian and I that owns the fund and built the platform it runs on: https://www.bloomberg.com/news/articles/2023-06-01/goldman-aqr-alumni-start-niche-multistrat-with-asness-backing https://www.bloomberg.com/news/articles/2023-06-01/goldman-a...
If you're into this, we've come out of two years' stealth and are now hiring and remote work friendly.