Capula launches systematic commodities strategy
Capula Investment Management is expanding further into systematic trading with the launch of a new commodities strategy, the Capula Alternative Markets Alpha Fund, a quantitative Commodity Trading Advisor (CTA) strategy, according to a report by Bloomberg.
Capula Investment Management has introduced a new systematic commodities strategy, the Capula Alternative Markets Alpha Fund, a quantitative Commodity Trading Advisor (CTA) approach, as per a Bloomberg report. The fund is overseen by Yao Hua Ooi, a former AQR Capital Management trader instrumental in shaping the firm's $6.3bn Helix systematic strategy.
According to unnamed sources, Capula, based in London, is in discussions with potential investors and aims to raise between $2bn and $3bn in capacity. The company, currently managing assets of approximately $35bn, declined to comment, as did AQR, which also did not respond to inquiries. Ooi spent about two decades at AQR, serving as a principal before departing last year to join Capula.
He played a key role in developing Helix, a systematic strategy that traded across various markets. Capula has been expanding its investment horizons, recently hiring two energy traders and allocating capital to external managers like the $450m investment in Cinctive Capital Management.
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