RISE Wealth Technologies Up 23% In March
German Systematic volatility investor RISE Wealth Technologies' Volatility Special Opportunities Program produced returns in March of 23.21% before fees, the program's best ever month.
“At a time where larger quant funds are struggling to adapt to chaotic markets disrupted by coronavirus, our strategy’s performance continues to provide robust returns ahead of expectations", said Stefan Tittel, CEO and Co-Founder. "AI and machine learning are important components of this by helping in the research and development of the diversified strategies we deploy and ensuring that our trading strategies can operate with faster changing and wider parameters than with purely human involvement.
Importantly, the strategy has been assisting anxious investors through the provision of downside protection. That said, it is worth noting that it is also able to provide alpha in normal market conditions, and not just during times of extreme dislocation as we’re currently experiencing."
VSOP takes a systematic multi-strategy approach in the S&P 500 index volatility market; it is composed of a balanced portfolio consisting of S&P 500 futures and treasuries with a duration risk of circa five years. It also trades overlay strategies on situational patterns. The program has AUM of €25mn and the fund has a further €500mn allocation planned for June.
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