The HedgeCoVest Platform and Cantab Capital Partners both got off to a great start in 2015. The Cantab Fund, gained 13.4% for the month of January. A good portion of the gains can be attributed to the actions of the European Central Bank (ECB) and the Bank of Canada.
Cantab was long German bunds and short the Euro. When the ECB announced an economic stimulus package on January 21, German bunds rallied and the Euro fell. The fund was also short the Canadian dollar and long Canadian government bonds. When the Bank of Canada cut interest rates, Cantab benefitted from its position.
The Cantab Capital Partners is based Cambridge, England and manages $4.5 billion overall with approximately $3.5 billion in the CCP Quantitative fund. This type of performance during a volatile period in the U.S. market is exemplary of how hedge fund strategies can be used to improve investor returns and lessen risk to a degree.
The Cantab fund is a quantitative fund and there are models on the HedgeCoVest platform that are quant funds, but Cantab is not one of them. A portfolio invested equally in the top five models on the HedgeCoVest platform would have also demonstrated impressive performance, outperforming the S&P 500 by 3.7% in January. The HedgeCoVest platform is continuing to produce strong performance and is bringing on new models and managers weekly. You can visit the HedgeCoVest platform at www.hedgecovest.com.
