FYI: After suffering a meltdown between 2007 and 2011, quantitative investment strategies have come back into vogue. In May 2016 Alpha Magazine highlighted that six of the eight highest earning U.S. hedge fund managers are “quant jocks,” relying heavily on computer-driven investment strategies to produce the lion’s share of their investment decisions. Quant strategies use proprietary models to tease out market inefficiencies as they try to outperform the market. They generally follow a disciplined research-driven process that uses mathematical underpinnings, along with raw computing power, to identify pure alpha (or excess return) opportunities.
Regards,
Ted
http://lipperalpha.financial.thomsonreuters.com/2016/09/are-quant-funds-worth-another-look/
