Jun
26

It’s Been a Rough 2018 for Many Quant Hedge Funds

By
  • Manoj Narang loses biggest investor after posting losses
  •  Woodriff’s QIM tactical fund slumps 35% this year through May

Many quant hedge funds — young and old — are struggling to make money this year.

Manoj Narang, who started his hedge fund last year, saw his biggest investor, JPMorgan Chase & Co.’s asset management unit, pull its money. Renaissance Technologies, the world’s most profitable hedge fund, is trailing its benchmark in one fund this year through mid-June. Jaffray Woodriff, who runs Quantitative Investment Management, lost 35 percent in his tactical aggressive fund this year through May…

It’s Been a Rough 2018 for Many Quant Hedge Funds

Share
Categories : Hedge Funds

Leave a Reply

You must be logged in to post a comment.