This year’s AIF Factor was won by Greenland Investment Management; a systematic strategy focusing on global commodity arbitrage opportunities. : This year’s AIF Factor was won by Greenland Investment Management; a systematic strategy focusing on global commodity arbitrage opportunities. The four other contenders included: Bainbridge Partners, a systematic equity market neutral strategy; Typhon Capital Management, whose Vulcan hedge fund trades market microstructure inefficiencies in metals; Walnut Algorithms, a machine-learning focused investment strategy, and Molinero Capital Management, a fundamental quant commodity programme.