Your Guide to the Many Flavors of Quant
Quantitative finance has become a buzzword of modern finance, though it’s been around for decades. Thanks in no small part to the success and allure of firms like Renaissance Technologies LLC, quant hedge funds ended 2016 at an all-time high of $500 billion under management, according to estimates from Barclays Plc. Quant strategies all use technology and formulas to automate the investment process, rather than rely on an investor’s savvy or a trader’s skills. But there the resemblance ends. Some quant strategies look for a tiny edge that can be exploited in a day; others scour global trends for investments that last years. Here’s a sampling, from quickest to most patient.
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