AI Hedge Awards 2017

Acquisition International - Hedge Fund Awards 2017 59 Qurium Partners LP Best US Long-Biased Equity Fund: Qurium Partners LP QuriumPartners LP Company: Qurium Capital, LLC Email: [email protected] Web: www.quriumcapital.com Qurium Capital HF170059 Qurium Capital LLC is a Los Angeles-based asset management firm that provides superior long term risk- adjusted returns to institutional and high net worth clients. We invited CEO and CIO Dr. Albert Lu to tell us more. Established in 2004, Qurium Capital’s flagship investment product Qurium Partners, L.P. was launched in July 2009. Since inception, the Fund has returned 25.91% on an annualized basis compared to the S&P 500 Index’s return of 15.09%. In addition, downside capture has been exemplary: looking at each month the Index has lost money, the Fund has historically only “captured” 12% of the market’s decline. The Fund is an actively managed, long-biased equity hedge fund that employs statistical finance tools and techniques to invest in large and medium capitalized companies. The Fund’s proprietary algorithms aggregate, organize and analyze real-time and historical data to identify stock purchase candidates and then employs a qualitative overlay in order to maximize the confidence level and minimize the margin of error. Dr. Lu talks us through the firm’s investment strategy for this product and how it aims to provide investors with the best possible returns. “Here at Qurium Capital we provide a long-biased strategy to our clients, and invest in large, liquid common stocks. We use index hedges to mitigate market risk from time to time when our ‘alpha engine’ and market conditions indicate it is prudent to do so. The approach relies on a huge proprietary database of historical data we have created and expanded over the past many years. We analyze this information utilizing big data tools to identify a small subset of potential buys from a universe of over 2,000 stocks. Unlike the great majority of other equity investment strategies, where greater liquidity means more efficient pricing and less opportunity for excess returns, our stock selection performance actually improves the more a stock trades.” Dr. Lu himself is an expert in the assembly and analysis of Big Data, and as such he drives the firm’s research efforts. “We think we have a unique edge in the market based on data that few others, if any, can access. We have been able to extract patterns from our data that tell us large informed buying is coming into a particular stock which more than likely will result in higher prices.” Overall Dr. Lu concludes by outlining the firm’s plans for the future, which are focused around building upon its current achievements. “Moving forward and achieving the firm’s growth targets is our primary focus, as the firm’s assets under management are expanding quickly owing to increased interest in our innovative strategy. Our key goal is to be recognized as one of the most technically sophisticated quantitative money management firms in U.S.” RoboCap Best Disruptive Technologies Fund (Since Inception): RoboCap UCITS Fund RoboCap Company: RoboCap LLP Name: Jonathan C. Cohen – Managing Partner Address: 10 Brick Street, Mayfair, London W1J 7HQ, UK Phone: +44 203 457 1221 Email: [email protected] Web: www.robocapfund.com HF170010 RoboCap is one of the first actively managed investment funds aimed exclusively at ‘pure-play’ robotics and automation stocks. We invited Fund Manager Jonathan Cohen to talk us through this innovative approach and how it is changing the way clients invest. Robotics and artificial intelligence are going to disrupt every industry. The direct economic impact of robotics should approximately $10trn by 2025 according to McKinsey & Co . RoboCap believes that the robotics & automation listed equity market should continue to outperform the global market and that it is best positioned to capitalize on this irreversible trend. The fund manager, Jonathan Cohen, believes that “most portfolios are underweighted this important theme that should achieve double digits returns over a cycle” while interest rates are still very low. RoboCap is the world’s first fund putting a high level of purity to the theme at the core of the portfolio construction combined with a rigorous fundamental investment analysis approach. “We analyse every company by speaking with the management, running our own valuation models and understanding the technologies and markets to a great extent” says Jonathan. Since its launch on the 4th January 2016, the fund had a return of over 14% as of 25 November 2016, with a lower volatility and lower beta than global equity markets thanks to its “pure play” focus and risk management. RoboCap has been awarded Best Disruptive Technologies Fund (Since Inception) 2017. This prestigious recognition marks RoboCap UCITS Fund as one of the most outstanding performer in its field following a selection process led by industry experts. The RoboCap UCITS Fund focuses on “pure play” robotics and automation listed stocks globally. Robots are machines controlled by a microprocessor and include: industrial robotics, general automation, surgical robots, exoskeletons, drones, autonomous vehicles, 3D printing, key components, enabling software and artificial intelligence. The investment team is based in London and consists of seasoned investment professionals with experience ranging from CIO to senior equity analyst in such as industrials. They are supported by an Advisory Board of leading robotics experts to better understand the technologies, trends, specific markets and stay at the forefront of the changes. “Ultimately, we have found exceptional talents from Imperial College, the Silicon Valley and the robotics industry who are passionate and willing to share their expertise” Jonathan concludes.