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Endowus partners award-winning hedge fund, Quantedge to further expand its alternative investment offerings for accredited investors

12
Jul 2022

Endowus, Asia’s leading digital wealth platform has entered into a new partnership with Quantedge, a Singapore-based and globally renowned quantitative hedge fund with over US$3 billion in assets under management as of May 2022. Founded in Singapore in 2006, Quantedge has garnered numerous international awards and accolades including Top 5 Large Hedge Funds by Bloomberg, Best Asian Billion Dollar Hedge Fund by EurekaHedge, Best 100 Hedge Funds by Barron’s and more. Both Endowus and Quantedge hold the Capital Markets Services License and are regulated by the Monetary Authority of Singapore.

With Endowus’ continued efforts in expanding its offerings in the alternative investment space, Endowus Private Wealth clients can now gain direct access to Quantedge’s flagship global quantitative fund. The highly-diversified fund is invested across more than 200 markets globally and multiple asset classes such as bonds, equities, commodities, currencies and insurance-linked securities. The fund dynamically allocates capital based on Quantedge’s proprietary statistical models to achieve a constant level of portfolio risk. 

Accredited investors can now access sophisticated investment strategies at an institutional low cost and a minimum investment of US$100,000, without having to pay any subscription or redemption fees. With this partnership, Endowus significantly lowers the barriers to entry for exposure to a top-performing hedge fund.

Gregory Van, CEO of Endowus said, “As both firms are founded in Singapore, we feel a strong affinity in wanting to give the best possible opportunities to Singapore-based investors to reach their long-term wealth goals. Quantedge’s track record predates the global financial crisis, and has been a top performer in its class for over a decade, employing a quantitative, disciplined and diversified investment approach. This strategy requires investors to stomach comparatively higher volatility and risk to target higher expected returns, and is definitely not for everyone. That being said, at Endowus, we believe those seeking such exposure deserve access and low, transparent and fair fees to have the best chances of long-term success.”  

About Endowus

Endowus is Asia’s leading fee-only wealth platform. Licensed by the Monetary Authority of Singapore and Securities & Futures Commission of Hong Kong, Endowus is the first digital advisor in the region to span both private wealth (Cash) and public pension savings (CPF & SRS in Singapore), helping investors grow their money with expert advice and access to institutional financial solutions at low and fair fees, through a personalised digital wealth experience. 

Founded in 2017, Endowus has raised a total of S$67 million in funding from investors such as UBS, EDBI, Prosus Ventures, Z Venture Capital, Samsung Ventures, Singtel Innov8, and global leading venture capital firms Lightspeed Venture Partners and SoftBank Ventures Asia. As of December 2021, Endowus has more than S$1.5 billion in assets under management.

Endowus’ leadership and growth have been recognised by the industry and it has attained numerous awards including Singapore’s Fintech Innovation in Asset Management, CEO of the Year, CIO of the Year (Asia Asset Management’s Best of the Best Awards 2022), Singapore’s Fintech Startup of the Year (The Asset Triple A Digital Awards 2022), LinkedIn Top Start-ups 2021, and WealthTech of the Year (Asia FinTech Awards 2021).

About Quantedge

Quantedge was founded in 2006 and currently manages approximately USD 3 billion worth of assets as of end-May 2022. It has garnered numerous international awards and accolades over the years including Top 5 Large Hedge Funds by Bloomberg, Best Asian Billion Dollar Hedge Fund by EurekaHedge, Fund of the Year by AsiaHedge, Best 100 Hedge Funds by Barron’s and Best Diversified Investment Strategy in Asia by CFI.co.

Quantedge runs a systematic quantitative investment strategy that is diversified across multiple asset classes such as equities, bonds, commodities, currencies and insurance-linked securities. Since inception, the Fund Manager, Quantedge Capital has operated only one Fund, and its employees are collectively the largest investor in the Fund, ensuring a strong alignment of interest between Quantedge employees  and its external investors.

Quantedge Capital Pte. Ltd. holds a Capital Markets Services (CMS) Licence and is regulated by the Monetary Authority of Singapore (MAS).

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