GAM Systematic

About Systematic

GAM Systematic is a rules-based quantitative investment manager.

We apply innovative scientific techniques to invest systematically across asset classes and investment styles within our Core Macro and Alternative Risk Premia capabilities.

Potential source of uncorrelated returns with unwavering risk management

Systematic rules-based investing, when implemented in a robust environment, can be a source of diversification across asset classes and investment styles. It offers investment style diversification away from fundamentals-focused discretionary approaches as well as away from passive approaches. Systematic approaches typically do not rely solely on fundamental (e.g. growth-focused) data but also consider technical price data and newer alternative data sets such as news, weather and shipping information. This diversification of input data can help systematic approaches deliver performance even when fundamentals (e.g. economic growth rates) are challenged or are not driving asset prices. Risk management in systematic funds is not left to the discretion of the trader or analyst, but rather is coded as unwavering exposure management rules. This helps systematic investing have a well-defined and contained risk profile.

1.3

CHF 1.3 billion¹ assets under management

1 million +

lines of our proprietary code

400 +

components that make up our proprietary unified risk management and trading system

Source: GAM, as at 31 March 2022

Investment Strategies and Solutions

Our investment strategies are fully systematic, with dedicated teams in Cambridge, London and Zurich. Our highly experienced investment teams conduct rigorous scientific research to create strategies that identify and harvest multiple sources of returns uncorrelated to traditional asset classes. asset classes and investment styles.

GAM Systematic Core Macro is a diversified global macro fund investing in liquid instruments across asset classes with the objective of delivering returns not correlated to equities and bonds in the long term, and with the potential to perform positively in a sustained bear market. By combining multiple strategies grouped around two return sources - Trend and Value/Carry - the portfolio aims to capture uncorrelated alpha, to deliver attractive, risk-adjusted returns. GAM Systematic Alternative Risk Premia seeks to systematically harvest alternative risk premia returns across markets. The strategy is managed by a team who were pioneers in the ARP space and aims to deliver consistent returns, with low correlation to equities and bonds and a focus on capital preservation.

A range of volatility targets and liquidity terms are available. For larger mandates, customised managed accounts are available.

Alternative Risk Premia

GAM Systematic Alternative Risk Premia delivers portfolios that target absolute returns with a low correlation to traditional assets over the long term. The programme has been live since 2012, with the team having run alternative risk premia since 2004. The team analyses, structures, and implements a diverse range of liquid alternative return sources – or ‘alternative risk premia’ – from across global markets. The most attractive premia are combined and risk-sized in portfolios using the team’s proprietary Expected Drawdown Analysis methodology, an innovative approach focused on capital preservation. Offered with fully customisable investment objectives, the strategy is designed to complement investors’ existing traditional and alternative investment exposures, and features daily liquidity, high transparency and fee simplicity.

Offshore, UCITS, Australian Trust and Managed Account versions are available for this programme.

Core Macro

GAM Systematic Core Macro delivers a multi-strategy and cross-asset class portfolio that seeks to generate returns uncorrelated to traditional asset classes. It uses proprietary, state-of-the-art research and trading systems to identify persistent and recurring sources of return in markets. These can be identified and harvested systematically via liquid instruments across currencies, fixed income, equities and commodities. Offering high liquidity, the strategy can act as a cost-effective diversifier to any portfolio over the course of a market cycle. Offshore, Australian Trust and Managed Account versions are available for this programme.


Customised Solutions

GAM Systematic’s sophisticated and flexible technological platform allows us to develop and manage customised solutions for all of our strategies. Our solutions are tailored to each client to fit within their specific investment strategy whilst meeting their investment objectives and constraints at the same time. 

Cambridge Connection

We are located in Cambridge, the UK's 'Silicon Fen'.

Along with its world-class university, Cambridge is a global innovation and technology hub, giving us access to some of the brightest minds in the world.  The majority of the team come from academic backgrounds such as engineering, astrophysics, statistics, computer science and other quantitative disciplines, many of whom studied at Cambridge.

Our close links to, and constant dialogue with, Cambridge academia help us apply cutting-edge academic theories to financial markets.

This relationship was established by the founding partners of Cantab Capital Partners LLP, which was named GAM Systematic Cambridge following its acquisition by GAM Investments. 

Cantab capital institute for the mathematics of information

Prior to its acquisition by GAM Investments in 2016, the founding partners at Cantab made a philanthropic donation to the University of Cambridge. The University in turn used the money to establish the Cantab Capital Institute for the Mathematics of Information. The Institute sits within Cambridge University’s Faculty of Mathematics and aims to galvanise and accelerate progress in data science and its applications. Bringing together some of the world’s leading researchers in various disciplines, the Institute draws on fundamental techniques from mathematical sciences to tackle head on the challenge of deciphering meaning in the reams of data which surround us thus aiding students in progressing their skills of data analytics.

Further information about the Institute is available here: www.ccimi.maths.cam.ac.uk

Insights and Thought Leadership

Investment-Meinungen

5 Min

Halbleiterknappheit: Ist ein Gleichgewicht in Sicht?
06. Mai 2022

Halbleiter sorgten 2020 aufgrund der Unterbrechung der weltweiten Lieferketten für Schlagzeilen. Auch zwei Jahre später bestehen in zahlreichen Branchen Engpässe - und die erwartete Normalisierung wird sich voraussichtlich bis ins Jahr 2023 hinziehen. Pieran Maru untersucht die Ursachen, die am stärksten betroffenen Branchen und einen möglichen Weg zur Normalisierung der Versorgung.

Investment-Meinungen

6 Min

Erhöhte Inflation und steigende Zinsen: Was ist die Lösung?
26. April 2022

Angesichts des schwierigen Anlageumfelds haben wir fünf der klügsten Köpfe von GAM Investments und unseren Partnerunternehmen gebeten, uns ihre Einschätzungen darüber mitzuteilen, wie Anleger in einer Welt zunehmender Inflation und steigender Zinsen Anlageerträge schützen und Portfoliorisiken diversifizieren können.

Investment-Meinungen

5 Min

Chinas “silberne Wirtschaft”
14. April 2022

China hat eine der am schnellsten wachsenden alternden Bevölkerungen der Welt. Nach Angaben der Weltgesundheitsorganisation werden bis zum Jahr 2040 schätzungsweise 402 Millionen Menschen oder 28 % der Gesamtbevölkerung Chinas über 60 Jahre alt sein. Jian Shi Cortesi von GAM Investments untersucht die zunehmende Bedeutung dieser Bevölkerungsgruppe, die als "silberne Wirtschaft (Silver Economy)" bezeichnet wird, für Chinas Übergang zu einer konsumorientierten Wirtschaft.

Video

3:22 min watch

Systematic Alternative Risk Premia – Daniele Lamponi
09 May 2022

Daniele Lamponi outlines what alternative risk premia can offer in a challenging environment for traditional beta portfolios and the benefits of diversification.

Video

2:44 min watch

Alternative Risk Premia - Danny Dhingra
21. Januar 2022

Danny Dhingra unterstreicht die Auswirkungen der aggressiven Rhetorik der US-Notenbank, die Streuung der Renditen im Bereich der alternativen Risikoprämien und die Bedeutung einer kontinuierlichen Diversifizierung über eine Reihe von Stilen und Faktoren.

Video

3:23 min watch

Systematic Alternative Risk Premia - Daniele Lamponi
18. Oktober 2021

Dr. Daniele Lamponi betont, wie wichtig die künftige Entwicklung der Zinssätze für Anleger ist, und ist der Ansicht, dass traditionelle Beta-Portfolios im nächsten Quartal in Frage gestellt werden könnten.

Video

3:45 min watch

Systematic Core Macro - Dr Chris Longworth and Dr Silvia Stanescu
18. Oktober 2021

Dr. Chris Longworth und Dr. Silvia Stanescu erörtern die Ereignisse, die die Märkte im 3. Quartal beeinflusst haben, ihre ausgewogene Einschätzung der wichtigsten Anlageklassen und den Aufwärtstrend des US-Dollars.

Video

4:33 min watch

Systematic Alternative Risk Premia - Danny Dhingra
20. Juli 2021

Danny Dhingra spricht über die wichtigsten Themen im Bereich der alternativen Risikoprämien (ARP) im 2. Quartal und erörtert, warum der Ausblick seiner Meinung nach weiterhin positiv ist.

Video

3:35 min watch

Systematic Core Macro - Dr Chris Longworth
16. Juli 2021

Chris Longworth erläutert einige starke Rallyes im 2. Quartal, die Reaktion von systematischen Modellen auf Marktdaten und die Macht der Diversifikation bei der Positionierung.

Video

3:32 min watch

Alternative Risk Premia - Paolo Scripelliti
27 April 2021

Paolo Scripelliti erläutert zwei weitreichende Entwicklungen in der Investmentlandschaft, einige der differenzierteren Themen, welche sich im Bereich der alternativen Risikoprämien (ARP) bewährt haben, und einen wahrscheinlichen Fokus auf das Eingehen opportunistischer Risiken für das nächste Quartal, angesichts der möglichen Begrenzung der Aktienmärkte.

Video

4:31 min watch

Systematic Core Macro - Silvia Stanescu
27. April 2021

Dr. Silvia Stanescu weist auf die Aktien- und Rohstoffmarkterholung im ersten Quartal hin, auf ein gutes Quartal sowohl für Trend- als auch für Value-Ansätze und auf eine anhaltende Rotation in Richtung Risk-on-Positionierung.

Leadership

Dr Lars Jaeger
Head of Alternative Risk Premia
Dr. Chris Longworth
Investment Director, GAM Systematic Cambridge
Paolo Scripelliti
Co-Head of Alternative Risk Premia
Dr Silvia Stanescu
Investment Director, GAM Systematic Cambridge

Our Scientists

GAM Systematic is made up of two distinct, but connected, teams: GAM Systematic Cambridge and the Alternative Risk Premia team.

 

GAM Systematic Cambridge

At any one time approximately half the GAM Systematic Cambridge team are engaged in research and development, with a view to further enhancing the strategies. When recruiting the team deliberately focuses on attracting top scientists, rather than predominantly investment managers. This results in diversity of thought and a broad range of experience from various fields and disciplines. This enables GAM Systematic Cambridge to think differently and ultimately to build portfolios for clients which are differentiated from and which have limited correlation to major systematic indices as well as to major competitors in this space. The team has a diverse skill set, with the common denominator being academic excellence and collegial team spirit.

 

GAM Systematic Alternative Risk Premia team

The Alternative Risk Premia team is entirely focused on strategy research and portfolio development. The background of the different team members is highly quantitative, ranging from theoretical physics to mathematics, computer science and neuroscience. This strong quantitative orientation, together with many years of trading experience in global capital markets enables the team to evaluate, build and optimally execute a broad range of risk premium strategies. In the spirit of the wider GAM Systematic environment, the team loves and lives the rigour of academic excellence.

Rigorous scientific research

Our investment philosophy and process is based on rigorous scientific research to create systematic strategies that identify and harvest numerous sources of returns. Our strong infrastructure and proprietary technology allow us to run multiple models, creating effective diversification through different asset classes and market regimes. Our systems and data quality enables extremely efficient and high-quality trade execution.
Dr. Daniele Lamponi
Investment Manager
Farida Mustafazade
Scientist, GAM Systematic Cambridge
Danny Dhingra
Senior Investment Analyst, GAM Systematic Alternative Risk Premia

Join us

The Success

Our technology, innovation and team have earned us a fantastic reputation across the industry, and we now have some of the most sophisticated and prestigious investors as clients.

Getting Involved

We have a flat hierarchy, and have a weekly research meeting where we discuss ideas and hear what everyone has been working on. Our collegial structure means that you can be involved across the board and will have a chance to experience all markets and strategies, work with colleagues from different parts of the globe and develop your own skillset.

Your Future

Our approach, and the way we think about things, means that we need people with strong statistical and programming skills. We hire people from a range of scientific disciplines, and they don't need to have previous financial experience.

If you think you'd be a good fit, please have a look at our current vacancies. We look forward to hearing from you.

Contacts

Bitte wählen Sie Ihr Profil oder besuchen Sie unsere Kontakte & Standorte.

DISCLAIMER

  • Authorised & regulated by the Financial Conduct Authority. Registered with the Commodity Futures Trading Commission, the Securities and Exchange Commission, and a member of the National Futures Association in the USA
  • GAM Systematic LLP registered address: City House, 126-130 Hills Road, Cambridge, CB2 1RE
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