Strategy focus: Quants down on rising correlation
Thu Sep 27, 2007
The first 10 days of August brought chaos to hedge funds
that rely on quantitative models for their investment
strategies, with such top-shelf firms as Renaissance
Technologies, AQR Capital Management and Goldman Sachs Asset
Management suffering steep losses. Some managers managed to
recoup losses by month's end, but many others were left deep
ISSN: 2151-1845 / CDC10004H
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