Asset Management

Two Sigma hedge fund gives investors access to its software — for a price

Hedge fund joins asset management giants like BlackRock in establishing a business to monetise its in-house software

Top quantitative hedge funds rarely give outside investors a peek behind the curtain. But one firm known for its secretive process and strong returns is starting to open up — and expects to cash in.

Two Sigma, a New York-based investment manager that oversees more than $60 billion, recently began selling its software programme Venn, which analyses client positions and helps guide them toward better risk-management strategies, to the public.

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