AI Hedge Awards 2017

6 Acquisition International - Hedge Fund Awards 2017 HF170041 Most Innovative Hedge Fund Manager - East Asia & Best Hedge Fund 2017 (AUM Under 5 Million): Tmesis Capital Management Fund Tmesis Group Tmesis Group offers a quant fund that utilizes trading strategies combining human analysis with computer algorithms to achieve the goal of absolute return for investors who are predominantly high- net-worth individuals and institutional investors. Ralph believes that algorithms offer the best means to generate a stable return from the market. As such, the company is composed of three core departments: market analysis and algo development, operations, and management. Jason discusses these three departments in more detail and outlines how they contribute to the successful operation of the company. “Here at Tmesis, we combine our market analysis team and algo development team into one, as these functions are vital to keeping the fund profitable and delivering on our core beliefs. “There are a lot of quant funds around the world. However, their strategies are often created by viewing the market through a single lens. Many of these funds’ strategies are detached from real market mechanisms. The methods they use to build trading strategies are solely based on a statistical view of the market, which is an absolutely logical and objective approach that leads to results 99% of the time. “Most of the time, the algo does not need to worry about the news, the hype, or the rumors; they are all included in the statistical model. However, in that small 1% of the time, the price action can only make sense out of market analysis and mechanism. The variance during that 1% is often much more violent than in the 99%. “If we look back at the past 20 years, we can see ‘outliers’ occurring more frequently than we think. These include: the 1997 Asian Financial Crisis, the ’01 dot com crisis, the ’03 SARS, the ’08 subprime mortgage, the ’10 flash crash, the ’11 Greece fiscal crisis, the ’14 topping of oil, the ’15 CHF black swan event, and the ’16 Brexit. Thus, we have a strong reason to combine our market analysis team and algo development team into one department and believe this combination leads to better strategies. “Our second department is operations, which is responsible for ensuring the fund functions in a highly professional manner. It handles cooperation and collaboration with counterparties, public relations, general internal affairs, and client relations. Tmesis takes customer service very seriously, and as such we want to provide our investors with the most stress-free investment experience. This can only be done through proper communication. We work to address investor concerns quickly and tailor our services to meet investor needs. The operational department is crucial to Tmesis, and we are committed to supporting our team in their work and ensuring that they are always at the top of their game. “The final department is our management department, which is designed to provide the best working environment for employees and to maintain an innovative atmosphere and chemistry within Tmesis. Fundraising is a continuous job for the management department which will result in a gradually improved research environment for employees. This department also ensures we hire top talent and collaborate with companies across many fields. Additionally, the management department makes sure that Tmesis is always on the right path to achieve our ultimate goal of absolute returns for investors.” These three departments are close knit, as hedge funds do not have much space to tailor services for each client individually. Once an investor invests into the fund, his or her shares will be treated exactly the same as others. However, Tmesis cares about investors and wants to provide a stress-free investment experience. Ralph outlines how the Tmesis Group is a Taiwanese Hedge Fund Manager dedicated to offering absolute returns for investors. We invited Jason Huang and Ralph Cheng to provide us with an absorbing overview of the company and the fund it manages. Company: Tmesis Group Email: [email protected] Web: www.tmesis-capital.com “Here at Tmesis, we combine our market analysis team and algo development team into one, as these functions are vital to keeping the fund profitable and delivering on our core beliefs .”