Quantopian to manage $250m in assets, secures funding from Point72 Ventures

North American hedge fund manager Steve Cohen, the venture capital arm of his asset management firm Point72 Asset Management and Quantopian have entered into an agreement for the latter to manage up to $250 million of investment capital provided by Cohen. Quantopian has a significant user base in Asia, with user numbers in Singapore standing out relative to countries like India, Chinese territories and Australia.