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Hedge Funds

Quant hedge funds struggle to cash in on virus volatility

While some quant funds showed modest signs of recovery last month, man is still beating machine in 2020

Paul Tudor Jones disclosed that almost 2% of his assets were now invested in Bitcoin
Paul Tudor Jones disclosed that almost 2% of his assets were now invested in Bitcoin Photo: Michael Nagle/Getty Images

The celebrated April markets rally didn’t seemingly extend to leading quantitative hedge funds.

After the March meltdown decimated computer-driven hedge fund performance, hopes were high six weeks ago that April would result in a rebound in fortunes for systematic macro and commodity trading advisers (CTAs), which trade futures, securities and currencies.

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