The Choice for Elite Portfolio Managers

Schonfeld Strategic Advisors LLC


  • Strategically Expanded its Multi-Strategy Portfolio and Asset Classes and Deepened its International Presence
  • Will Host First- 'Quant' Conference on September 26th at the National Museum of Mathematics in NYC

NEW YORK -- September 12, 2017 -- Schonfeld Strategic Advisors LLC ("Schonfeld"), a SEC registered investment adviser, today provided an update on its business through the first eight months of 2017.

Some of the more notable accomplishments include:

  • Will host an inaugural 'Quantitative Strategies' conference in September, with backing from 6 prominent investment banks.
  • Portfolio optimization initiative advances via organic growth and new portfolio manager ("PM") hires.
  • Gross market exposure increased from approximately $13.5 billion in January to over $17 billion in August.
  • International exposure increased from approximately 15% in January to over 20% in August.

"In the context of what the markets have presented, we are pleased with the value we have been able to deliver to our investors and the market-leading talent we support. As is evident by an increasing gross market value fueled by investment, return and re-investment, along with 55+ portfolio management teams in various stages of development, we continue to be optimistic about the many investment opportunities that lie ahead," commented Schonfeld's President Andrew Fishman.

The Quantitative portfolio has continued its high-growth trajectory with a continued focus on superior risk-adjusted returns. The business development team has scouted a multitude of opportunities in both the U.S. and abroad. New PM teams in the U.S., Europe and Asia have driven both Schonfeld's international growth and a broader set of Quantitative strategies spanning different asset classes, including index arbitrage, FX and futures.

Schonfeld will be hosting its first Quantitative Conference on September 26th at the National Museum of Mathematics in New York City, featuring a keynote presentation by Garry Kasparov (author and former world chess champion). The objective is to bring together Quant-centric individuals from all sides of the industry to engage in thought-provoking discussions. Prominent schools (including Baruch College, Carnegie Mellon, Columbia, NYU, Princeton, Stevens Institute of Technology and Yale) will send prospective PMs, strategists and developers to the conference. The conference will feature a networking opportunity where students will be able to connect with practitioners from Schonfeld's Quantitative trading teams.

"Within our multi-strategy environment, we have built one of the top homes for leading Quants in the hedge fund business to hone their 'trade,'" commented Ryan Tolkin, Chief Investment Officer. "Our upcoming conference will showcase this strength and further educate the marketplace on our commitment and position in this key investment area."

Complementing the growth and performance of the Quantitative business, Schonfeld continues to invest in Fundamental Equity PMs. Schonfeld has recently added an industrials-focused PM to its internal platform, expanding the internal platform's coverage to include healthcare, energy, consumer, capital markets and industrials. Further expansion into Technology, Media and Telecommunications is one of Schonfeld's top priorities. Schonfeld is exploring the opening of a London office to expand its internal platform and access to talent in that region. Schonfeld also added an external exclusive PM in the consumer sector.

Key hires in technology, data science and management, securities finance and risk have further strengthened Schonfeld's capabilities as a leading investment platform for both Quantitative and Discretionary strategies. These highly experienced personnel have driven innovation in the support of Schonfeld's PMs by providing a state-of-the-art proprietary OMS, front-end risk solutions and enhanced securities lending and treasury systems.

Mr. Tolkin added, "We are pleased with both our performance across various investment strategies and our efforts to gain exposure to new asset classes and products and diversifying further into international markets. By making key investment, risk and tech hires, we are well on our way to achieving our goals of building-out the depth and breadth of the organization."

About Schonfeld Strategic Advisors LLC

Schonfeld is a multi-manager platform that invests its capital with Internal and Partner portfolio managers, primarily on an exclusive or semi-exclusive basis, across Quantitative, Fundamental Equity and Tactical Trading strategies. Schonfeld has created a unique structure to provide global Partner PMs with autonomy, flexibility and support, which enables them to maximize the value of their businesses while driving returns for Schonfeld. Tracing its roots back to 1988, Schonfeld currently manages an aggregate gross market value in excess of $17 billion.

Darren Brandt for Schonfeld Strategic Advisors