Capital Fund launches equity trading program

Capital Fund Management is to launch a systematic equity trading program called the Ventus Fund. The long/short fund will hold an equal amount of trades on each side and will follow a statistical arbitrage strategy, writes Dylan Emery. The aim of the product is to give investors returns uncorrelated to equity benchmarks while also attempting to remain uncorrelated in comparison to the various economic sectors such as energy, technology and basic materials. Trading is purely systematic, based solely on historical pricing. Long and short positions will be put on and reduced gradua...