Apr
05
Quantedge Hedge Fund Rebounds From 2015 Losses With 24% Surge
By-
Fund gained 12.2% in March as major asset classes climbed
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Has annualized return of 26% since inception in 2006
Quantedge Global Fund returned 24 percent this year through the end of March as most peers tumbled, helping it to rebound from last year’s loss.
The Singapore-based fund, which uses quantitative models and invests globally, returned 12.2 percent in March after gaining 3.8 percent in January and 6.6 percent in February, according to a newsletter obtained by Bloomberg News. The returns more than offset the 18.3 percent loss made in 2015. Quantedge, which started with $3 million in October 2006, had assets of $1.16 billion at the end of March, according to the newsletter…
Quantedge Hedge Fund Rebounds From 2015 Losses With 24% Surge
