Reuters Fund News: Algos Up 6%, Macros Down

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

lawrence.delevingne@tr.com

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