In the wake of the financial crisis of 2007, active central bank intervention to flood global financial markets with liquidity has led to unprecedented macro economic conditions. As risk trades recouple and correlations increase we see large floods of capital chasing ever diminishing interest rates, massive government deficit spending and increasingly volatile asset pricing driven by political events / breaking news.
Another key industry development during this period was the increased bureaucracy and capital balance sheet requirements that banks and large financial institutions were forced to hold as a result of regulatory scrutiny and popular outcry. Banks and major desks started de-risking in a major way, driving client returns down significantly as more and more asset management firms began to hold ever increasing amounts of cash in their portfolios.
Faced with this environment, in 2014, several leading traders, in combination with academics on the cutting edge of artificial intelligence research, resolved to build a platform that would capitalize on the opportunities presented: a market-beating trading strategy that would operate with ample liquidity, utilize the latest technology for precise and seamless execution of ideas, and deliver outperforming returns for clients without charging extortionate management fees.
Thus, Logiic was born. The fund was formed as a high frequency trading fund by our parent company I-LOGIC Limited, headquartered in one of the world’s biggest financial centres, London. As a privately managed fund, Logiic has delivered stellar performance figures over the last 2 years since its inception and is now accepting new subscription of units from the public.