Following Dawnay Day Quantum’s recent management buyout to sever its links with its troubled parent firm, Dawnay Day International, the company has been renamed Quantum Asset Management with immediate effect.  

“The new name reflects the continuity of our disciplined, quantitative approach to investing.  We have always aimed to deliver superior risk adjusted returns for our investors. Quantum Asset Management also represents an exciting new beginning for us, as the company is now 100 per cent owned by the board and employees.  We remain committed to offering clients investments that give excellent risk-adjusted returns. This has been our overriding aim since the company’s inception in 2003,” said Mark Mathias, chief executive officer of Quantum Asset Management.

DDQ’s management buyout draws a line under uncertainties surrounding the future of parts of the Dawnay Day International group of firms after the parent company hit financial troubles. Dawnay Day International has been put into administration.

Founded in 2003, Quantum Asset Management specialises in structured investments offering capital protection and in quantitative funds.