Overview
Qarma Technology, Inc. (“Qarma”) f/k/a Clayvard Fund Management USA, Inc. was
founded by its parent Clayvard Ltd. (“Clayvard”) in February 2004, and became
registered as an SEC investment adviser in March of 2004. Mr. Deneault is the
Managing Director and Chief Compliance Officer, and Clayvard is the sole owner of
Qarma.
We provide asset management services to Financial Institutions, Family Offices, and
Ultra High Net Worth Individuals in venues where Qarma is regulated, which includes
the USA (Financial Institutions, Family Offices, and Ultra High Net Worth Individuals
are referred to herein each as a “Client” and, collectively, as the “Clients”). Specifically,
we provide investment advisory services to Clients on investments in equity securities
that are exchange-listed securities, equity securities traded over the counter and equity
securities of foreign issuers; warrants; corporate debt securities (other than commercial
paper); and option contracts on equity and debt securities. Our principal services relate to
the creation and management of fully bespoke portfolios that meet the needs of each
Client, using a proprietary management platform known as the Qarma Technology
Platform.
The Qarma Technology Platform uses a proprietary engine of algorithms
that measures
various market securities globally. The Platform’s algorithmic engine monitors lists of
financial assets, exchanged traded funds (“ETFs”) and sector funds, but also single stocks
and baskets of stocks. The data collected from these lists is then processed so that the
price of a security can be assessed, with the algorithms looking for financial assets that
show the strongest signals for a “momentum reversal.” The Qarma Technology Platform
looks for this reversal because we believe that is the ideal point of entrance for
purchasing a security. The rest of the Platform simply arranges the information into a
useable format for the investment manager using the Platform, whether that is Qarma or a
third-party manager, to make intelligent portfolio decisions.
By using the Qarma Technology Platform, we are able to create fully tailored solutions
for Clients, personalized to the needs of the Client, covering a broad range of risk
parameters, and geography globally.
As of February 17, 2024, we managed $124,035 with fees negotiated either as a fixed
percentage of assets under management, or performance based compensation, or a
combination of the two. As of December 31, 2023, we did not manage any assets on a
non-discretionary basis.