JERSEY CITY, N.J., Aug. 6, 2018 /PRNewswire/ -- Today, qplum, an asset manager for retail and institutional businesses, announced the launch of its Multi-Strategy AI managed futures program ("QMAP") for institutional clients that are defined as Qualified Eligible Persons (QEP) as per CFTC Rule 4.7.
QMAP gives investors access to a diversified investment strategy that trades across different geographies and asset classes. It trades futures such as fixed income, equity indices, foreign-exchange, commodities and volatility. There is a drawdown control-based risk management in place.
The strategy is built using qplum's proprietary, deep learning framework that already powers other portfolios offered by the firm. Large amounts of market, economic and other structured data are used to train the models. The entire trading pipeline is fully systematic. Under the supervision of CIO, Gaurav Chakravorty, qplum's in-house team of more than 15 engineers and quantitative portfolio managers are responsible for the oversight and improvements of the models.
"There aren't many truly diversified, AI driven investment strategies in the managed futures space," said qplum CEO Mansi Singhal. "Instead of betting on one signal like trend following or mean reversion, QMAP diversifies across roughly up to 11 signals that allows it to react and evolve with the market."
A combination of traditional and data-driven signals are used; examples include systematic macro, mean reversion, feed-forward neural network, autoencoder, etc. QMAP is designed to target very little correlation to both the stock market and trend following strategies.
According to qplum, the QMAP strategy could be a good complement for investors who already have exposure to trend following CTAs and are looking to diversify.
qplum launched in 2016 and currently works with retail and institutional investment clients, and will continue its current services.
About qplum
qplum is a machine-learning based asset manager that uses algorithms to invest. It has three product lines: Wealth, Alpha and Solutions. While the Wealth product line services needs of high net-worth individuals and families, the Alpha and Solutions product lines are focused on RIAs, family offices, endowments, foundations and pension funds.
Founded by investment industry professionals, qplum is based in New Jersey.
Contact information
Mansi Singhal
http://qplum.capital
[email protected]
201-377-2302
SOURCE qplum LLC
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