Amida Capital and Cash from Collapsing Quants

By Paul Kedrosky · September 4, 2007 · ·

You have to hand it to the hedge fund community. Funds are already emerging to take advantage of the collapse of the quants this past August:

New York-based Amida Capital plans a one-year fund “to capitalise on
near-term opportunities caused by summer 2007 delivering, structured
products collapse, and model-driven unwinds”, according to marketing
material sent to investors.

[via FT]

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