Prominent Quants Covered In Red

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.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR