QIM’s Global Program Trounces Benchmark In August

Charlottesville, Va.-based Quantitative Investment Management in August had its best month ever relative to its benchmark at a time when many other quant funds struggled with their performances. The firm’s  flagship $1.5 billion Global Program, which systematically trades a diversified universe of futures contracts, returned 7.49% in for the month, putting its year-to-date performance at +17.06%.