Hedge funds: Human-run hedge funds trounce quants in Covid year
Synopsis After years of being outgunned and outclassed by computer-driven quantitative strategies, human stock-pickers climbed back on top in 2020. Getty Images At the same time, macro managers, many of whom have complained about years of low volatility, finally got what they wanted. By Hema Parmar, Katherine Burton and Nishant Kumar Turns out, the hedge fund industry’s swashbucklers haven’t been made obsolete by the machines just yet. After years of being outgunned and outclassed by computer-driven quantitative strategies, human stock-pickers climbed back on top in 2020. The dizzying g...
Source: indiatimes.com