Macquarie noted a number of positive developments over the past two months, including the removal of short selling restrictions in all markets except Korean financial stocks, a decline in share price volatility as investors became more comfortable, and an increase of inflows into equity markets. The manager also noted that a JP Morgan research paper dated 6th July was entitled "Good times ahead for Quant Strategies."
1 year return: -3.53%. Annual (Oct.2005): +10.46%
MQ's Asian quantitative L/S fund was established in October 2005 and has a total of US$155m in FUM following significant redemptions in 2008 which saw FUM fall from over US$800m. The fund's return in 2008 was -8.93%, following returns of +20% in the previous two years.
