DISQUS

VentureBeat: AlphaClone helps investors do their homework

  • alpha · 11 months ago
    I see two faults in this business:

    1. How can average people clone the most successful hedge strategies, for example, high frequency trading ? (Ex: D.E.Shaw, Jim Simons), quant fund and statistical arbitrage ?

    2. Most hedge fund did poorly in recent financial crisis (including Citadel), when people need better investment strategies mostly.
  • Mazin · 11 months ago
    Alpha, thanks for the comment. I encourage you to go register for a Free Guest Pass if you haven't already. To answer your first question, we DO NOT attempt to follow the proprietary trading strategies of fund managers. That's impossible to do without non-public information.

    Instead, we allow investors to follow the long stock ideas of some of the world's top fund managers. We then simulate thier performance had they invested in those stock ideas at the time they were made public. The objective is empower investors by allowing them to benefit from those stock ideas.

    Which brings me to your second point; actually, hedge funds as a category, while down this year are fairing better than the overall market year-to-date (http://www.barclaygrp.com/indices/ghs/Hedge_Fun...). In fact, hedge funds on average have consistently outperformed the broader market and we believe that they will be better positioned than most to take advantage of a recovery when it happens. There's never been a better time for a service like AlphaClone.