The Ataraxia Quant Fund Asia Pacific is expected to start in October and seeks annual returns of 12 percent to 15 percent on a volatility of less than 10 percent, Chowdhary, the chief executive officer of Singapore-based Lighthouse Canton Pte, said in an interview. The fund will bet on falling and gaining stocks while being independent of market movements. “Our objective is to provide equity-like returns with reduced volatility and minimal...