Quants Up, Macros Down
- Renaissance Technologies raised $3 billion this year, another reminder of just how much attention computer-driven hedge funds are getting.
- CTAs are down 2.8 percent through June, per HFR
- Active trading macro funds have lost nearly 2 percent.
- Quant funds are up nearly 6 percent.
Other recent news from around Reuters:
· Elliott tests one of Warren Buffett's golden rules
· Giving up the ghost: investors bail on Snap
· Bridgewater's Dalio sees low rate cycle ending soon
· Short seller Cohodes hits Canada again with latest target: Exchange Income
· Special report: How Brexit is set to hurt Europe’s financial systems
· Marshall Wace leads hedge fund winners on Carillion slide
· Two top 'quant' researchers exit BlackRock as it revamps stock unit
· Investor says Martin Shkreli reminded him of 'Rain Man'
· Platinum Partners receiver replaced after clashing with U.S. regulators
· Oil prices drop 3 percent on rising global supplies
· Hedge funds walk into bear trap in oil
· Man Group names co-CEOs for its investment management unit
· Saba Capital, famed for 'London Whale' bet, to shut London office
· Highland Capital to buy, expand Argentina fund
· U.S. asset managers under-allocated to emerging markets despite outperformance
· Investors continue streak of moving away from U.S. equity funds
· Credit market a bigger systemic risk than during 2008 crisis: Bank of England
· Blackstone’s diversification drive circles home
· Buyout firm Apollo to buy short target ClubCorp for $1.1 billion
· Jana says EQT can save $4.5 billion by scrapping Rice Energy deal
· Corvex, NYC investment group seek to scuttle Clariant-Huntsman deal
· Activist Loeb keeps up performance pressure on Nestle
· Third Point Ultra fund up 0.9 pct in June amid Nestle campaign
Courtesy
Lawrence Delevingne
Reporter | Reuters
+1 646.223.5362 | @ldelevingne
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