BlueCove is a new scientific asset management firm founded in 2018 by Hugh Willis, co-founder of BlueBay Asset Management, and Alex Khein, BlueBay’s former CEO. BlueCove brings together a group of leading fixed income industry investment and engineering professionals, with the specific purpose of researching and developing state of the art scientific investment processes applicable to fixed income investment management.
BlueCove’s mission is to create a range of scientifically-driven fixed income products that will give investors both an alternative and a complement to the traditional discretionary fixed income strategies that dominate their portfolios today. BlueCove is targeting H2 2019 for launching its initial suite of scientific investment products.
We set our people the challenge of using their knowledge and skills to help us create scientific products that solve problems for clients. Hard problems are rarely solved in isolation. We favour a structured, collaborative approach. All our employees are aligned via equity interests in the firm. We believe in continuous learning and helping our people to develop their skills.
Rapid developments in technology and its increasing democratisation, provide opportunities to create and build modern systems and models. We are creating strategically modern solutions rather than focusing on tactical improvements to a legacy operation. Being free from the constraints of legacy architecture, we have an environment that attracts talent and encourages innovation.
RESEARCH & DEVELOPMENT
We are in the business of solving hard problems. While the answers to some of these are known, many solutions are yet to be invented. Data is both the input to our research process and the validator as to whether our methods work. A scientific approach including insight formulation, systematic observation and testing, thoughtful implementation and risk management at each stage of the investment process, aims to enable transparent outcomes for clients.