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Credit Suisse Unveils Systematic Trading Unit

Credit Suisse Asset Management has rolled out a systematic trading group.

Credit SuisseAsset Management has rolled out a systematic trading group. The unit will offer investors access to actively-managed liquid trading strategies that will aim to achieve risk-adjusted returns with relatively low correlation to traditional markets within a pre-defined risk management framework.

The new group, which will offer dynamic asset allocation across multiple systematic strategies, will initially manage nearly $500 million of assets, including Credit Suisse seed capital. The new unit will be run by Mika Toikka, formerly the global head of risk and strategy for proprietary trading in Credit Suisse’s investment bank, and will be comprised initially of about 20 traders.

Click here for the release from PR Newswire.

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