Signal Capital Management will re-start its quantitative trading unit on a managed account platform, HFMWeek reports. The Signal Miltch Quantitative will be launched following a joint venture between Signal Capital and Miltch Capital Management, with a $50 million investment by the end of March 2011.

The offering will use proprietary algorithms in the spot FX, commodity futures and equities markets to target large institutions and family offices. Founder of Miltch Capital, Thomas Miltch, will act as the portfolio manager of the fund.

Click here for the story from HFMWeek.