Mixed fortunes for market-neutral and quant-based equity players


While January was a strong month for fundamental long/short equity managers, the market bounce produced mixed results for equity market-neutral and quantitative strategies. Although the majority of funds made money, a significant number lost ground.

HiQ Invest Market Neutral led the pack with a gain of 10.23%, followed by Iskandia Capital with a 9.67% return. The rest of the strategy set were a fair way behind: MW Market Neutral TOPS returned 2.43%, Brummer & Partners Archipel made 2.09%, Abaco Financials was up 1.88%, and GLC Gestalt Europe made 1.26%. AlphaSquare was up 1.15%, Octave Equity returned 1.10%, Wermuth