(Bloomberg) Credit Suisse Group AG is starting two hedge funds focused on quantitative strategies as part of a broader effort to build the bank’s asset management unit, according to a person with knowledge of the matter.
The two funds, Qube and QT, are comprised of existing London and New York-based teams from Credit Suisse’s Systematic Market-Making Group that had been housed within the investment bank, said the person, who asked not to be named because the matter is private.
