Ahmedabad, March 6 -- Shaan Patel Asset Management (SPAM), a quantitative investment firm focused on data-driven equity strategies, is emerging as a new entrant in India's alternative investment landscape. According to the company, it currently manages close to Rs.36 crore in assets and operates within the regulated Alternative Investment Fund (AIF) framework in India.

The firm says it focuses on quantitative investing, an approach that uses mathematical models, statistical analysis and algorithmic systems to identify opportunities in financial markets. Unlike traditional investing that may rely on subjective analysis or market narratives, quantitative strategies follow rule-based systems designed to reduce behavioural bias and maintain ...