QIC Quantitative Management
Established in 2008 to develop systematic absolute return products, QIC Quantitative Management (QIC QM) is a recent addition to the QIC House of Boutiques.
We provide specialist systematic and quantitative investment solutions with a focus on delivering strong risk-adjusted performance with low or no market exposure and low correlation with other investments.
We launched our flagship product, the QIC Asia Pacific Market Neutral Fund, in July 2009.
Our team
Our team currently has three founding members: Michiel Swaak, Joe Cole and Tim Sharp.
Michiel Swaak CFA - Managing Director
Michiel is Managing Director of QIC Quantitative Management and is responsible for the QIC Asia Pacific Market Neutral Fund. Before joining QIC, Michiel was a Founding Member and Associate Director of Macquarie Bank’s MQ Asset Management. Prior to this, he held a variety of positions in Quantitative Research and Portfolio Management at Aegis Equities Research, AEGON Asset Management, SPF Investment Management and ABN AMRO. Michiel is a CFA Charter holder and earned a MSc in Financial Econometrics from Erasmus University, Rotterdam.
Joe Cole CFA - Portfolio Manager
Joe is responsible for the day-to-day portfolio management of the QIC Asia Pacific Market Neutral Fund. As well as assisting in the development of the investment process, Joe Cole has been heavily involved in the operational aspects of the Asia Pacific Market Neutral Fund investment process, including fund structuring, establishing broker/supplier relationships and creating portfolio management and risk management methodologies and procedures.
Tim Sharp - Portfolio Manager
Tim is responsible for the day-to-day portfolio management of the QIC Asia Pacific Market Neutral Fund, as well as ongoing research. He has been intimately involved in the development of the investment process, including researching and back-testing the majority of the stock-selection screens and building the database and back-testing platform.
Investment philosophy
We believe there are significant inefficiencies in the pricing of assets due to both structural factors and behavioural biases.
These inefficiencies are more acute and are more easily exploited in markets where:
- information barriers are higher
- the investor base is less sophisticated
- the financial system is less developed.
We believe the best way to exploit these inefficiencies is through a systematic, quantitatively-driven investment process with a strong focus on:
- diversification
- managing risk
- maintaining market neutrality.
This systematic process must also be complemented with common sense and experienced judgment.
QIC Asia Pacific Market Neutral Fund
The QIC Asia Pacific Market Neutral Fund invests across the entire Asian region using a systematic investment process.
It employs a suite of 28 stock-selection screens to capture significant alpha currently available in Asia, with the aim of reducing risk via a widely diversified portfolio. This diversification is made possible by the breadth of the Asian markets.
Each stock-selection screen is premised on a strong fundamental rationale and works across many markets and environments. The portfolio's market-beta exposure is explicitly managed within tight limits, as are net country and sector exposures.
Contact us
To find out more, contact the QIC QM team at quant@qic.com or directly:
Michiel Swaak +61 7 3360 3882 e: m.swaak@qic.com
Joe Cole +61 7 3360 4010 e: j.cole@qic.com
Tim Sharp + 61 7 3020 7002 e: t.sharp@qic.com