Inside Red Cedar, a new quant hedge fund from Alexander Chernyy - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

대한민국 뉴스 뉴스

How this new hedge fund led by a former WorldQuant and Jefferies executive is uncovering new datasets to avoid the pain that hit quants in 2020

The goal of Red Cedar consistently on the cutting edge thanks to new datasets. The manager is working ExodusPoint'sChris Petrescu's new company CP Capital to source new datasets that are not already in use by other players in the space.

The firm plans to research and test 50 datasets by year-end and hopes to use 35 of the datasets producing alpha in their portfolio by 2022's start — with the near-term goal of having both datasets in the portfolio and assets double every year.Chernyy, who came to the States to work DE Shaw, ran WorldQuant's Moscow and St. Petersburg teams of roughly 35 people when he worked Igor Tulchinsky, and his new fund plans to tap into talent in his home country.

Chernyy said the goal is to have "anything that can be outsourced should be outsourced," including research, though he will lead the research efforts from Stamford, Conn. "We want to take advantage" of the cheaper labor and untapped potential in these countries, he said. The missions statement, Chernyy and Dean reiterated several times, is to not take the easy trades and focus on building a portfolio that can't be found anywhere else.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

How a quest to build ethical AI detonated a battle inside Google - Business InsiderGoogle employees consider jumping ship for Facebook and Microsoft after firings, reorgs and mounting tension in its AI division Google/YouTube are crooks. They stole my 9/11 video. They disrespect 9 /11 survivors. 911TribMuseum techinsider not sure they're going to be satisfied with the state of ethical AI at FB techinsider Jumping ship? That is really funny. They must be reading the stuff I write? And it is also the reason why sundar is in charge - gummy and slopey made a huge devious mess then jumped ship.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

How a year of rising tension inside Google led to its first union - Business InsiderGoogle once stood for 'Don't be evil.' Insiders describe how it spiraled into a culture of mistrust that helped build a union aiming to keep management in check. thanks Google is EVIL. They may try to show it otherwise, but ask the black folks and other minorities who work there how they feel about working in this Gulag. It’s too big, needs to be regulated.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

MyPillow guy Mike Lindell: The inside story, in Trump's final days - Business InsiderThe MyPillow CEO is a former bankrupt gambler who made – and might soon lose – millions thanks to a religious devotion to Trump Trump was president and is a businessman bankrupt by incompetence, but he starts a new career as a leader of U.S. internal terrorists, who can exterminate millions of white Americans, blacks and poor immigrants, with the help of his fanatical followers. How are things with the capitol now? My Shillow. Country over Pillow.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

GPS data shows Trump supporters made it deep inside US Capitol - Business InsiderGPS data tracked 618 videos from Parler users inside the US Capitol last week. The mob made it deep inside the building. Well no kidding... That's what happens when the authorities welcome them in, and then directs them to the House Floor. OH! And lets not forget about the selfies the cops took with 'protesters' either.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

My Pillow guy Mike Lindell: The inside story, in Trump's final days - Business InsiderThe My Pillow guy is a former crack addict and bankrupted gambler who made – and might soon lose – millions thanks to a religious devotion to Trump This headline is NUTS lmaoooo 🤷‍♀️ETTD So in other words he turned his life around and now we need to cancel him for having a different political opinion
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »