Speaking to Legends

#7 Marty Lueck - Pioneering CTA in 1980th and Building a $10 Billion Quant Fund

June 16, 2020 Nikita Fadeev Episode 7
Speaking to Legends
#7 Marty Lueck - Pioneering CTA in 1980th and Building a $10 Billion Quant Fund
Show Notes Chapter Markers

Marty Lueck, Research Director and President of Aspect Capital, is a true pioneer and over the past 3 decades helped to transfer and evolve managed futures. He co-founded one of the best known CTAs - AHL, which stands for the surname of the three Co-Founders - Michael Adam, David Harding and Marty Lueck. AHL grew from 100 thousand to 300 million in AUM and pushed the boundaries of innovation. After selling AHL to Man Group he co-founded Aspect Capital, a quantitative hedge fund with over 7 billion in AUM. In this episode Marty shares the story of AHL, the importance of scientific rigour and evolution, and main drivers behind CTA going mainstream. We also discuss the creation and rise of Aspect Capital, and recent developments that Marty is particularly excited about.

For links, resources and book recommendations by Marty, see our episode show notes on our website.

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Background in Physics at Oxford
Journey to the creation of AHL
From 100k to 300 million in AUM
Changes after the acquisition of AHL
How Aspect Capital was founded
Milestones in the evolution of CTAs
Main driver of innovation in CTA
Most interesting developments in recent years
Advice to younger self