20 March 2013
Cantab's launch of the CCP Core Macro Fund with almost half a billion USD in its first two months is highlighted in this article by HFM Week, which also contains a number of quotes from Cantab's CIO Dr. Ewan Kirk.
News & Press Releases
Cantab's low-fee macro fund raises USD400m in first month - HFM Week
20/03/2013
Cantab rolls out novel idea in hedge funds: affordability - Pensions and Investments Online
04/03/2013
4 March
Cantab's new fund, the CCP Core Macro Fund, its fee structure and key features, have attracted the attention of another industry source.
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Cantab in the Hedge Fund Hot 100 list - Hedge Fund Insight
26/02/2013
Cantab is described as a 'winner in every dimension', making place 40 in this Hedge Fund Hot 100 list.
Big appetite - HFM Week
14/02/2013
This article focusses on New York Retirement System's move into hedge funds, and highlights Cantab as one of the first funds chosen within their programme.
Optimal Investment - L.C.G. Rogers
12/02/2013
Professor Rogers (Chair of Statistical Science at Cambridge University), who advises Cantab on a consultancy basis, has written a book called 'Optimal Investment'.
The book presents the main methods for solving stochastic optimal control problems arising in finance. Through a large number of worked problems, it illustrates how to use a combination of analytic and numerical techniques to actually find a solution even when none may be available in closed form. The book critiques the usefulness of theory in the light of stylized facts of asset return.
For more information, please visit:
http://www.springer.com/mathematics/quantitative+finance/book/978-3-642-35201-0
Graduate Story: Dr Tom Howat - The Journal of the Cambridge Computer Lab Ring
28/01/2013
Cantab's Senior Scientist and Partner, Dr Tom Howat, describes in this article why he decided to join Cantab at its inception, what a 'normal' working day is like, and the joys and challenges of working at a hedge fund.
The Ring is the journal of the graduate association of the University of Cambridge Computer Laboratory.
Numbers game makes Cantab a tour de force - Financial Times
24/01/2013
24 January
Cantab featured in the Financial Times for the second day running with this company profile.
Press release: Cantab launches new fund
23/01/2013
Cantab Capital Partners is launching a new fund: the CCP Core Macro Fund.
This launch is an important milestone for both Cantab and the systematic global macro space. The CCP Core Macro Fund is designed to give investors access to a diversified stream of macro-style returns at a fraction of standard industry fees, as well as offer daily liquidity. It is expected to show negligible correlation to traditional sources of risk (equity and fixed income) and limited correlation to trend following strategies.
Read moreThe new Fund is a natural extension of Cantab’s investment philosophy, tested risk management and portfolio construction process and its renowned trading and execution infrastructure. The CCP Core Macro Fund is based on a multi-model, multi-asset approach using the ensemble of risk management tools developed by Cantab’s team of scientists over the last six years.
Dr Ewan Kirk, Founding Partner and Chief Investment Officer, stated: "We are truly excited about this launch. We feel it gives investors access to much sought after macro style returns in a very cost effective format. We have seen more and more institutions investing in systematic macro as it is perhaps the only liquid investment style that exhibits negligible correlation to equity and bond markets over time. We are especially pleased we can address the specific needs of many institutional investors by offering this daily liquidity product at an exceptionally low cost. Our ability to offer a product like Core Macro to the market is a testament to our ability to leverage our investment in research, development and technology."
Read lessNew hedge fund bucks trend with fees cut - Financial Times
23/01/2013
23 January
Cantab are delighted to be featured on the front page of the Financial Times print edition. The article introduces Cantab's new CCP Core Macro Fund, which utilises the firm's established infrastructure and its robust research process.
Cantab unveils low-fee macro strategy with $25bn capacity - HFM Week
23/01/2013
23 January
Cantab's launch of its new CCP Core Macro Fund was featured in an article in HFM Week, which also includes several quotes from our CIO, Dr. Ewan Kirk.
Jonathan Guthrie's comment - Financial Times
23/01/2013
Jonathan Guthrie comments in his 'Lombard' column of the Financial Times on the news of Cantab's new fund launch.
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Chinese media reports Cantab's new fund launch
23/01/2013
Cantab are delighted to have the launch of our new CCP Core Macro Fund feature in the Chinese media. This article on a Chinese business news portal focusses on Cantab’s rapid growth, recent performance and the key features of the new fund.
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Cantab launches quants-based macro fund to wider market - CityWire
23/01/2013
Cantab's launch of the new CCP Core Macro Fund is reported in this article, which also notes Cantab's outperformance of most of its peers the managed futures sector in the last year and the attractive fee structure of the new fund.
Disciplined processes take Cantab to the top - Feature story in The Hedgefund Journal
18/01/2013
January 2012
Cantab is the front-page feature in this edition of The Hedgefund Journal, focussing on the reasons behind Cantab's strong performance and asset growth in the past years.
Study reveals that Cambridge is Europe’s most successful tech cluster
14/12/2012
A new study conducted by Silicon Valley Comes to the UK (SVC2UK) has revealed that Cambridge is Europe’s most successful technology cluster, having produced ten companies valued at more than $1 billion, and two valued at more than $10 billion.
Often described as the ‘Silicon Valley of Europe’, Cambridge is now home to a vast number of high-tech companies, and it seems that this growth is set to continue. Cantab continues to benefit from being based in Cambridge, home to the world-renowned University, and has many close links with both the University and local industry.
For more information about SVC2UK, please visit: http://www.svc2uk.com/
Eight Hedge Funds Most Likely to Hire - eFinancial Careers
05/12/2012
Cantab is proud to have been named as one of the eight hedge funds that are most likely to hire by the popular online careers portal eFinancial Careers.
Cantab shuts systematic flagship to new investors at $4.5bn - EuroHedge
09/11/2012
9 November 2012
EuroHedge reports Cantab's strong asset growth and fund closure.
Cantab Capital closes flagship strategy to new investors - Hedgeweek
09/11/2012
9 November 2012
Cantab Capital Partners, the systematic global macro manager, has closed its flagship CCP Quantitative strategy to new investors.
Cantab closes $4.5bn flagship strategy to new investors - HFM Week
08/11/2012
8 Nov 2012
Maiya Keidan quotes Ewan on the news that the CCP Quantitative Fund has reached capacity.
Cantab Capital Assets at $4.3B, Considers Turning Away Investors - The Wall Street Journal
08/11/2012
8 Nov 2012
The news about Cantab's Fund closure has also been covered by The Wall Street Journal.
Cantab closes 'black box' fund to new money - Reuters
08/11/2012
8 November 2012
Tommy Wilkes compares Cantab's recent performance to other peers within the sector.
Cantab Capital Reaches $4.5bn, Closes to New Investors - FIN alternatives
08/11/2012
8 November 2012
Cantab's news about asset growth and fund closure were discussed in FINalternatives.
Cantab closes flagship strategy to new investors - The Hedgefund Journal
08/11/2012
8 November 2012
Cantab's news about asset growth and fund closure is given a mention in The Hedgefund Journal.
Cantab hits capacity as it bucks trend - Financial Times
07/11/2012
7 Nov 2012
Sam Jones, FT's Hedge Fund Correspondent, shares the news that Cantab's strategy has reached capacity, and compares Cantab's performance to other peers in the industry.
Cantab buys seats at the CME to save costs for investors
01/11/2012
Cantab completed its membership on the CME exchange in October. This will lead to an instant saving in exchange fees paid, which will feed through to savings for our investors.
According to our CIO, Dr. Ewan Kirk, 'there is a lot of talk about trading costs at the moment, and everybody should be focussed on getting the lowest cost possible. If you're a $100 million fund with one guy in a garage, you don't care. But if you're a fund with, I'd say more than $1 billion, then I'd be surprised if you are not at least considering membership.'
Press release: Cantab closes flagship strategy to new investors
01/11/2012
Cantab Capital Partners has closed its flagship CCP Quantitative strategy to new investors. The strategy was launched in 2007; it currently manages USD 4.5 billion in assets.
The strategy was closed because it has grown to optimal capacity, according to Dr Ewan Kirk, CIO and founding partner of Cantab. ‘The strategy is currently at the optimal size for us to continue delivering attractive risk adjusted returns to our investors,’ he said. ‘Our efforts are focused on sustaining the performance and continuing to produce the returns with limited correlation to other CTAs and asset classes.'
Based in Cambridge, England, the home of Cambridge University, Cantab prides itself on its ties to academia, applying the brainpower in its midst to systematic investing.
The CCP Quantitative Fund was launched nearly 6 years ago with just USD 30 million in AuM. The strong growth of the firm is due to Cantab’s high-quality team, world class technology, robust high-performance models, state-of-the-art risk management, and high levels of liquidity and transparency.
Dr. Kirk added: 'We are extremely pleased with the continued support from our investors which, combined with the hard work and dedication of our team, has allowed us to reach this point.'
Old school ties aren't that old - Pensions & Investments
29/10/2012
29 Oct 2012
Christine Williamson highlights Cantab's close links to Cambridge University.
This article originally appeared on page 10 of the October 29, 2012 print issue as, "Old school ties aren't that old".
Cantab is proud to support the Bradley Wiggins Foundation
05/10/2012
As keen cyclists we are very excited at Cantab about the successes of the British team at the 2012 Olympics and the Tour de France.
We are therefore delighted to be supporting the Bradley Wiggins Foundation at a fundraiser event in London. The foundation promotes exercise, supports talented athletes from all sports and provides relevant sports equipment.
Find out more here.
Cantab joins Europe’s Top 50 - The Hedgefund Journal
21/09/2012
Cantab Capital Partners have had a very successful year so far and, according to a recent survey by the Hedge Fund Journal in association with Newedge, have now entered Europe’s 50 largest single hedge fund managers as ranked by their assets under management:
‘A very big splash for a new entrant is made by Cantab Capital Partners, the Cambridge-based global systematic manager founded in 2006. It enters the Europe50 ranked thirty-second as assets grew sharply to $3.1billion.’
Naturally, the team are delighted with this achievement.
Aiming high - HFM Week
23/08/2012
23 Aug 2012
As regulation for the hedge fund industry has erupted, AIMA has become a global organisation. HFMWeek speaks to CEO Andrew Baker about its achievments and its future. Chris Pugh, Cantab's COO and Founding Partner, comments on AIMA's growth.
Interview with Dr Ewan Kirk: 'CTA currency funds have bumper July, Macro funds more mixed' - Euromoney FXnews
10/08/2012
10 Aug 2012
Dr Ewan Kirk speaks with Euromoney FXNews about why CTAs were the best performing funds in the hedge sector last month, and Cantab’s CCP Quantitative Fund’s own positive performance.
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What makes a good hedge fund manager? Financial News
06/08/2012
Erich Schlaikjer, Cantab's Chief Technology Officer and Founding Partner, talks to Harriet Agnew from Financial News and comments on the differences between systematic and discretionary managers.
http://www.efinancialnews.com/story/2012-08-06/what-makes-a-good-hedge-fund-manager
'Trader of the year' nomination for Ewan Kirk - City A.M.
03/08/2012
3 Aug 2012
We are pleased to announce that Dr Ewan Kirk has been nominated for the 'Trader of the Year' award, along with an impressive group of peers.
An introduction: 'CCP Quantitative Fund: Cantab Capital Partners' - Hedge Funds Review
25/06/2012
June 2012
A concise introduction to Cantab's history and investment processes.
Video: Interview with Dr Ewan Kirk - Hedge Funds Review
18/06/2012
June 2012
Dr Ewan Kirk explains Cantab's strategy and investment philosophy in this interview with Hedge Funds Review's Margie Lindsay.
'Peregrine Perspectives unveils research from Imperial College showing CTAs provide superior risk adjusted returns' - Peregrine Communications
14/06/2012
14 June 2012 - Peregrine Communications
Dr Ewan Kirk speaks at the Imperial College London CTA discussion forum.
Read morePeregrine Perspectives unveils research from Imperial College showing CTAs provide superior risk adjusted returns
CTA funds ‘take advantage of both up and down markets, hence exhibiting important diversification benefits,’ according to research from Dr Robert Kosowski, Director of the Centre for Hedge Fund Research at Imperial College Business School.
According to the research, CTA strategies have historically outperformed: the Sharpe ratio – a commonly used measure of risk-adjusted performance – of the CTA strategies examined stands at about 1.2 while the MSCI World index has a Sharpe ratio of 0.21 over the same period.
Speaking at the second Peregrine Perspectives discussion forum, held in association with Imperial College Business School, Professor Robert Kosowski noted that, “Our results have important implications for hedge fund studies and investors. The fact that the CTA industry has dramatically increased during the last 30 years and that the trend following strategies have historically outperformed raises concerns about the existence of capacity constraints in CTAs. Our results show that futures markets are indeed liquid and we do not find evidence of capacity constraints, except for some very short periods, like the most recent financial crisis.
Also on the discussion panel were Dr Ewan Kirk, CIO, CEO and Founding Partner of Cantab Capital Partners, a systematic global macro hedge fund, and Simon Fox, a Principal of the alternatives boutique at international consultancy Mercer (London). Ermanno Mattio, Head of Research at Peregrine Communications, chaired the discussion.
Dr Ewan Kirk said: “Often too much focus is placed on the macro picture, with industry commentators saying there are no trends. You need to step back from the equity markets – for example, Cantab and many other CTAs trade well over 100 different markets. Each market behaves very differently, so there’s low cross-asset correlation”
Kirk continued, “models are far easier to understand than what is going on in a manager’s head, adding “not all CTA models are the same. A blended CTA portfolio gives you a better chance of good returns and is an idiosyncratic risk insulator.
Fox said: “Part of what we can see here is that CTAs have a strategic and long term function [in a portfolio]. Pension funds, like those in the UK, have to take investment risk to grow assets over time” adding, “you shouldn’t put everything into equities, so where you can find something that adds value over the long term and provides diversification that is a positive; hedge funds and CTAs are part of that. Under the bonnet CTAs aren’t magic, they’re exploiting risk premium. CTAs should, over the long term, provide returns.”
Read less'An innovative firm beats tough competition' - Financial News
04/06/2012
4 Jun 2012
Cantab are pleased to be awareded Best Hedge Fund Manager in the Managed Futures category amongst tough competition.
Cantab wins at Financial News Awards for Excellence
01/06/2012
30 May 2012
Cantab are delighted to have been chosen as winner of 'Best Hedge Fund
Manager in Managed Futures' at the annual Financial News Awards for Excellence in Institutional Hedge Fund Management Europe 2012.
The ceremony was attended by a large group of staff from Cantab. We were particularly pleased that some of our clients could join us for the celebrations, which included cocktails, mathematical discussions, and (at a later stage) Russian Kosak dancing.
Cantab wins at Hedge Funds Review Awards 2012
21/05/2012
17 May 2012
Cantab was delighted to win the award for Best Managed Futures Hedge Fund at the Hedge Funds Review 12th Annual European Single Manager Awards 2012.
The black-tie event was held at the Royal Garden Hotel in Kensington, London, and Cantab were especially pleased to be able to celebrate this win together with some of our clients.
Cantab on shortlist for Financial News Award
20/04/2012
April 2012
We are delighted to announce that Cantab is included on the shortlist for the Awards for Excellence in Institutional Hedge Fund Management 2012. Cantab has been nominated in the category Best Hedge Fund Manager in Managed Futures.
The winner will be announced at a black-tie gala dinner on May 30.
Cantab wins at the HFM Week Awards
28/03/2012
28 March 2012
Cantab was very pleased to win the award for Best Managed Futures (CTA) over $500m at the HFM Week European Performance Awards 2012.
The exclusive event was held at Fulham's Hurlingham Club in March and celebrated those hedge funds and funds of hedge funds that outperformed their peers through the volatility of the last year.
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'Best Performing Systematic Macro Fund' - The Hedge Fund Journal
19/03/2012
March 2012
An introduction to Cantab's UCITS fund, describing inception and performance to date.
Cantab wins Best Performing Systematic Macro UCITS Fund
16/02/2012
16 Feb 2012
The Cantab Quantitative UCITS Fund has been announced as the Best Performing Systematic Macro Fund of 2011 by the Hedge Fund Journal's UCITS Hedge Awards 2012.
Cantab are very proud to receive the award and would like to thank all of their investors for their support over the last year, and indeed the last 5 years.
Cantab nominated for Eurohedge Award
01/12/2011
Dec 2011
The CCP Quantitative Fund has been nominated for a Eurohedge Award in the Managed Futures category.
The EuroHedge Awards celebrate fund excellence in the European hedge fund industry. The methodology behind the nominations uses risk adjusted returns over the 12 month calendar year.
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'The appliance of science powers Cantab's growth in quant macro trading' - Eurohedge
26/10/2011
Oct 2011
A clear and succinct introduction to Cantab's history, people and strategy from inception to today.
Press release: UCITS Fund Launch
01/07/2011
1 Jul 2011
Cantab Capital Partners has launched the Cantab Quantitative UCITS Fund on the Matrix platform.
“offering diverse sources of return not correlated to traditional equity and bond investments and lower correlation to managed futures and CTAs”
Matrix announced today the launch of the fourth fund on its UCITS platform; the Cantab Quantitative UCITS Fund (“the Fund”), a fully systematic global macro fund. The Fund pursues the same investment strategy as the offshore CCP Quantitative Fund but is subject to UCITS investment restrictions.
Read moreDr Ewan Kirk, CIO/CEO of Cantab Capital Partners, said:
“Matrix has a robust and tested infrastructure for successful implementation of UCITS III compliant products. We are delighted to be working with the team at Matrix.
The systematic macro space has always been popular amongst institutional investors both for its highly liquid profile and ability to harvest returns other than those relied upon by traditional investments. The structural inefficiencies underpinning the global systematic space have persisted for decades and are viewed by many as a reliable and diversifying source of return.
We have seen an increased demand from investors for institutional quality products that would diversify their exposure to traditional investments as well as provide attractive risk adjusted returns. We are pleased that we can offer Cantab’s tested rigorous research and industrial strength infrastructure to a wider base of onshore investors through a product that has a potential to significantly enhance and diversify their portfolios.”
Commenting on the launch, Angus Woolhouse, CEO of Matrix Asset Management, said:
“I am delighted to be teaming up with a manager of Cantab’s calibre to launch our UCITS platform’s fourth fund. The Cantab team have an outstanding track record and with the launch of the Cantab Quantitative UCITS Fund their expertise will now be accessible to a much broader investor base.”
Read less'Equinox Founder says Future is Bright For Managed Futures, CTAs' - FINalternatives
13/06/2011
13 June 2011
Rich Bornhoft, the founder of Equinox Fund Management, a multi-CTA manager with AUM of $1.2 billion, speaks about the important role of CTA programmes.
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Genia Diamond joins Cantab - Investment & Pensions Europe
11/02/2011
11 Feb 2011
We are happy to confirm that Dr. Genia Diamond has joined Cantab in the role of Head of Business Development.
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'Silicon Fen’s Hedge Fund' - The Hedge Fund Journal
01/01/2011
1 Jan 2011
An introduction to Cantab's beginnings as the first hedge fund in 'Silicon Fen', the technological hub of Cambridge.
'Cantab to launch Quantitative UCITS Fund' - The Hedge Fund Journal
05/11/2010
5 Nov 2010
Cantab announced that we are going to launch a UCITS Fund. This fund will closely follow the strategy of the main Cayman fund.
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Video: 'Managed futures with Cantab Capital' - CME Group
21/10/2010
21 Oct 2010
Ewan Kirk, Founder of Cantab Capital Partners LLP, talks about the firm and managed futures.
'Fund mandates of the week' - Financial News
02/07/2010
2 July 2010
Cantab are extremely pleased to be chosen as one of six managers to run the portfolio of the Pension Protection Fund.
PPF Recruits Six Global Tactical Asset Allocation Managers
28/06/2010
28 June 2010
The Pension Protection Fund (PPF) has recruited six Global Tactical Asset Allocation (GTAA) Managers. Cantab Capital and Winton Capital are positioned for immediate appointment. And Aspect Capital, Bluecrest Capital, DB Advisors and Neuberger Berman are on deferred appointment.
With more than £4 billion in assets, the PPF has sought to recruit these Managers as part of its new Statement of Investment Principles (SIP) announced earlier this year.
The GTAA Managers will form part of the alternatives portfolio within the PPF asset allocation.
'Interview with Dr Ewan Kirk, CEO of Cantab' - Eurekahedge
01/11/2009
Nov 2010
An insightful inteview with the founding partner and CIO of Cantab Capital Partners, Dr. Ewan Kirk.
'2009 Rising Stars of Hedge Funds: Ewan Kirk' - EMII
04/08/2009
4 Aug 2009
We are proud to announce that the founding partner and CIO of Cantab has been recognised as one of the 20 Rising Starts of Hedge Funds.
'Risk control central to hedging success' - Financial Times
16/02/2009
16 Feb 2009
Dr Ewan Kirk reflects about the previous year, which saw Cantab producing returns of close to 50% through robust risk controls.
'Brevan, Capula, CQS shine in macro, debt' - Eurohedge
20/03/2008
20 March 2008
Cantab's strong performance close to its one-year anniversary features in this article, which puts Cantab in the same league as bigger players of the sector.
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'Kirk’s Cantab adds higher-vol class for CCP Quant strategy' - Eurohedge
22/02/2008
22 Feb 2008
Cantab introduces a new 20% volatility share class in addition to the existing 10% volatility share class.
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'Cantab gets going with CCP quant macro fund' - Eurohedge
20/07/2007
'Kirk bucks trend with quant Cantab' - Eurohedge
25/04/2007
'Quant gurus plan Fund with academic edge' - Derivatives Week
11/12/2006
11 Dec 2006
A review of the beginnings of Cantab as the only hedge fund based in Cambridge, UK.
'Ex-Goldman science chiefs plot new Cantab quant firm' - Eurohedge
01/11/2006
1 Nov 2006
An introduction to the founding partner of Cantab, Dr. Ewan Kirk, and the beginnings of Cantab.
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