Quantumrock's VSOP up 30.93 per cent in 2020
Investing
Quantumrock's VSOP up 30.93 per cent in 2020 Submitted 18/01/2021 - 11:22am AI-driven investment manager Quantumrock's flagship strategy, the Volatility Special Opportunities Program (VSOP), closed 2020 up 30.93 per cent, its best year of performance since 2016. After November’s momentum change, stocks continued their rally in December due to the Covid-19 vaccine releases and reliefs, and the US Congress making progress on the new fiscal stimulus bill. The S&P 500 closed the month of December up 3.2 per cent, while Treasuries remained flat. In 2020, both the alpha generating overlay as well as the beta portfolio of VSOP performed exceptionally well. The overlay contributed +23.62 per cent and the beta portfolio (S&P 500 futures and US bond futures) had a contribution of +7.31 per cent. This reflected the strength of the product during a time of sharp market volatility. Looking forward to 2021, Stefan Tittel, CEO, Quantumrock, says: “2020 has seen many specialised core Artificial Intelligence (AI) investment managers coming to the fore as investors look to protect downside risks and seek crisis alpha capabilities. As part of this, we have also witnessed a growing appetite for...
Hedge Week
Jan 18, 2021