Quant Firm Winton Cut Remuneration, Plans Cost-Control Measures 2018-05-18 09:20:26.152 GMT By Nishant Kumar (Bloomberg) -- Winton will take steps to control costs this year as the quantitative investment firm adjusts to declining fee levels across the hedge fund industry. Average remuneration per employee fell to 206,000 pounds ($278,180) in 2017 from 219,000 pounds a year earlier at the firm led by David Harding. Payments to directors declined to 2.6 million pounds from 4.9 million pounds, according to the annual report published on the U.K.’s Companies House website on Friday. “In the face of generally muted or negative returns to financial assets, high returns are unlikely to be easy to come by,” Harding said in the report. “Winton, therefore, is continuing to fix the roof while the sun is shining, by taking strict cost control measures and tightening its control and governance frameworks.” A spokesman for the firm declined to comment beyond the report. (.. )
these blood suckers should all lose their jobs. they don't add any value to investors. AI will replace them all.
They been averaging just 6% per year since 2009. Winton Futures Program ---------------------------- 2017: 7% 2016: 1% 2015: 2% 2014: 15% 2013: 8% 2012: 0 2011: 7% 2010: 14% 2009: 0 Prior to 2009, the were averaging 18% a year: 2008 20% 2007 16% 2006 16% 2005 8% 2004 20% 2003 26% 2002 13% 2001 6% 2000 10% 1999 13% 1998 53% They seem to have never had a down calendar year, which is good although i havent checked the rolling 12month periods.