Our Founder and CIO Nigol Koulajian enjoyed giving a fireside chat on the risks of chasing Sharpe ratios and underestimating tail risks at the J.P. Morgan Macro Quantitative & Derivatives Conference. Thank you to Dubravko Lakos for moderating, and to J.P. Morgan for including us. This post is intended for current clients and prospective investors who are Qualified Eligible Participants, Qualified Clients and Qualified Purchasers.
About us
Quest Partners LLC is a research driven alternative investment firm headquartered in New York. The firm was founded by Nigol Koulajian in 2001. Quest employs a quantitative trading process across multiple asset classes in over 100 liquid global markets including commodities, currencies, equity indices and fixed income. Distinct programs are designed to generate alpha, replicate CTA performance or hedge specific market risk. Clients include family offices, foundations, fund-of-funds and some of the world’s largest pension plans. Quest Partners LLC is registered with the SEC as an Investment Adviser, the CFTC as a Commodity Trading Advisor, Commodity Pool Operator and Swap Firm, and is a Member of the National Futures Association. This page is intended for current clients and prospective investors who are Qualified Eligible Participants, Qualified Clients and Qualified Purchasers. Past performance is not necessarily indicative of future results. Derivatives trading involves substantial risk of loss and may not be suitable for everyone. This is not a solicitation.
- Website
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http://www.questpartnersllc.com
External link for Quest Partners LLC
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- New York, NY
- Type
- Privately Held
- Founded
- 2001
Locations
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Primary
Get directions
126 East 56th Street, 25th Floor
New York, NY 10022, US
Employees at Quest Partners LLC
Updates
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Thank you to Lars Tyge Nielsen and Columbia University’s Mathematics of Finance MA (MAFN) program for hosting this conversation on Quest’s investing approach and research. Our Founder and CIO Nigol Koulajian was delighted to speak with Samvel P. Gevorkyan and take part in this dynamic seminar. This post is intended for current clients and prospective investors who are Qualified Eligible Participants, Qualified Clients and Qualified Purchasers.
Nigol Koulajian and Samvel P. Gevorkyan spoke about algorithmic trading and momentum-based trading strategies in the practitioners' seminar organized by Columbia University’s Mathematics of Finance MA (MAFN) program's Mathematics of Finance (MAFN) program. The format was a conversation where Samvel interviewed Nigol about his firm, @Quest Partners, and its trading strategies and research, followed by an animated Q&A session. A central focus of Quest's approach to investing is mitigating drawdowns. To manage drawdown risk or tail risk, they aim to develop and deploy positively skewed trading strategies, including positively skewed trend-following strategies. Skew is a measure of the asymmetry of a return distribution – the larger the left tail, the more negative the skew. Most hedge fund trading strategies have a negatively skewed return profile, and such strategies have a tendency to deliver positive returns but also large drawdowns. Indeed, Quest’s research finds that normalized drawdown (drawdown divided by volatility) is related to Sharpe ratio – strategies with larger Sharpe ratio tend to experience larger normalized drawdowns. Presumably, this happens because such strategies tend to achieve their high Sharpe ratio by taking on tail risk or negative skew. Nigol Koulajian is the Founder and Chief Investment Officer of Quest. The firm, based in New York, manages $2.4 billion in assets and employs over forty people as of March 2024. Samvel P. Gevorkyan is a quantitative researcher at Freepoint Commodities. Off-topic: My new book, Measure, Integration, and Probability for Financial Economics, is available on amazon.
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Our President Michael S. Harris shared his valuable insights on working in quantitative investing with the students at University of Arizona, Eller College of Management, drawing on his years working on Wall Street. Thank you to all who attended! This post is intended for current clients and prospective investors who are Qualified Eligible Participants, Qualified Clients and Qualified Purchasers.
I enjoyed giving lectures to the graduate and undergraduate students of the University of Arizona, Eller College of Management on quantitative investing and pursuing a career on Wall Street. Thank you to Professor Daniel Kinnear, CFA, CFP®, Professor Jeff Welter, Teaching Assistant Ashley O'Bryan and Robert Butler, CFA, PRM, CFM, CMA for introducing me to this incredible academic institution. #QuestPartners #HedgeFunds #UniversityofArizona
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Happy Women’s History Month from all of us at Quest. This month, we recognize and celebrate the extraordinary achievements of women around the world and of the remarkable women that make up our team. We remain committed to creating a supportive and inclusive environment for all to thrive in their careers. This post is intended for current clients and prospective investors who are Qualified Eligible Participants, Qualified Clients and Qualified Purchasers.
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We’re pleased to welcome Nick Chan as a Partner and Head of Capital Development & Investor Relations. Nick brings a wealth of experience, including over 20 years at Goldman Sachs Asset Management, notably as Chief Commercial Officer of Public Equity and Head of Quantitative Investment Strategies Client Portfolio Management in the Americas. Nick will be leading Quest’s capital development and marketing efforts as well as overseeing the relationships with all our investors globally. This post is intended for current clients and prospective investors who are Qualified Eligible Participants, Qualified Clients and Qualified Purchasers.
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Our President Michael S. Harris discussed his outlook for the year in the Hedgeweek Global Outlook Report. According to Michael, the biggest risk is often the one that no one is contemplating or pricing in, and markets may see increased #volatility as the world reacts to monetary policy changes, slower economic growth, geopolitical conflict and budgetary challenges. Download the report here: https://bit.ly/3OdmAE8. #quant #macro #hedgefunds This post is intended for current clients and prospective investors who are Qualified Eligible Participants, Qualified Clients and Qualified Purchasers.