Tuesday, 4 August 2015
Last updated 10 hours ago
Nov 29 2012 | 12:11pm ET
Quantitative hedge funds are in danger of suffering one of their worst-ever years.
While the average hedge fund has suffered a simply below-average year, some of the industry's biggest black boxes are doing much, much worse. Aspect Capital is down 11.7% through Nov. 21, the Financial Times reports, while Highbridge Capital Management's quantitative commodities fund is down 10% through October.
Others aren't doing much better: Renaissance Technologies' Institutional Futures Fund has lost 6.1% this year through mid-November. Winton Capital's flagship is down 5.65% through Tuesday, and BlueCrest Capital Management's BlueTrend fund plummeted into the red last month with a 5.3% drop. It is now down 3.1% on the year.
Indeed, one knows things are bad when Man Group's troubled AHL strategy is a bright spot for quants, down just 2.8% through Nov. 19.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…