Samantha Lee/Business InsiderQuant funds are expanding beyond computer-run strategies.Firms like Qube and Squarepoint are backing legions of human stockpickers."We want to diversify our alpha sources," said Squarepoint's Nicolas Janson.As mega hedge funds like Millennium, Citadel, and Point72 battle for the best stock-picking talent, another segment of the multi-trillion-dollar industry has joined the fray.Quant funds are increasingly turning to their longtime competition — human stock-pickers — to diversify their returns.

BING NEWS:
  • Computer-run hedge funds like Qube and Squarepoint are diversifying by building out teams of human traders as assets swell
    Qube Research has backed 44 different managers and Engineers Gate hired a PM who mixed quant and fundamental investing at Schonfeld and Balyasny.
    12/2/2024 - 3:50 am | View Link
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