Sava Mihic, the former head of quantitative strategies at Platinum Asset Management, has launched his own hedge fund, Adamantos, with backing from Platinum founder Kerr Neilson. Mihic, who spent over ten years at Platinum, is bringing his extensive experience in quantitative analysis and alternative assets to his new venture, which aims to capitalize on market inefficiencies.
This development is significant for the financial markets as it underscores the ongoing trend of experienced professionals leaving established firms to create independent hedge funds. Mihic’s transition could attract attention from institutional investors looking for innovative strategies, potentially impacting the competitive landscape in the hedge fund sector. His previous role at Platinum, known for its strong performance, may lend credibility to Adamantos and influence investor confidence.
Market professionals should monitor Adamantos’s performance closely, as Mihic’s strategies could offer new insights into quantitative investing and alternative asset management, potentially reshaping investment approaches in the sector.
Source: moneymanagement.com.au