Quant funds profit amid equity surge


Equity market-neutral and quant equity funds managed to post gains in April, despite the strongly trending directional markets.

Paris-based Finaltis' AlphaSquare Fund posted a chunky 10.04% return in April, to bring its YTD return into positive territory at 5.09%.

HiQ Invest Market Neutral returned 9.71% and is now up 19.75% YTD. Anaxis Sabre Style Arbitrage added 7.61% in April and is up over 19% for the year. And IKOS Equity Hedge gained 5.18% on the month for a YTD return of 12.05%.

BlueCrest's BlueMatrix Fund returned 4.88% and is now up 5.96% for the year, while GSA Capital International returned