MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, December 23, 2015 Pimco's Chief Quant Tries Something New Pimco's top quant is trying something new. On Tuesday Vineer Bhansali revealed the creation his own firm, LongTail Alpha. Like Pimco [profile], LongTail is based in Newport Beach, California. Yet his new shop is specifically geared at "qualified investors," which in hedge fund speak means folks with enough assets or income to be allowed to invest in hedge funds.
At Pimco Bhansali served as a managing director at Pimco and head of the quantitative portfolios team. He designed the algorithm behind, and once PMed, Pimco's first quant mutual fund, the PIMCO TRENDS Managed Futures Strategy Fund. He spent the past 16 years at Pimco, and prior to that he worked on the trading desks at Citibank, Salomon Brothers, and Credit Suisse. He is an alumnus of Harvard and Caltech. Bhansali calls now "an excellent time to start a firm that can help clients navigate the voality." "I am eager to embark on this new stage in my career," Bhansali states. Printed from: MFWire.com/story.asp?s=53171 Copyright 2015, InvestmentWires, Inc. All Rights Reserved |
