Fund News

PSG Quant finishes 2009 with a flourish

The PSG Quant Fund added 1.24% in December to finish 2009 with a net gain of 27.1%, an impressive performance in a difficult year for quantitative trend-followingstrategies, or CTA funds.

Orthogonal changes tack with Alchemy

Orthogonal Investments, headed by CIO Rowan Williams-Short, has closed its Alchemy multi-strategy fund to outside investors, returning capital to two key institutional backers after the team’s decision to focus attention on its sizeable long-only business.