Quant Funds stand for Quantitative Funds and these funds are evaluated through strategy softwares instead of human participation. During 2020, the funds which sustained the emerging trends in the stock market due to the pandemic outbreak were those which have not been picked through the strategy softwares. These funds were selected through human intelligence, based on their past performance and future predictions, on the basis of human experience and knowledge. All these funds outperformed as compared to others in the market. Before the advent of 2020, nobody knew that this year would bring chaos and havoc around the world, resulting in collapse of global markets, rendering millions of people jobless and causing shortage and artificial hike in prices of various commodities. Things have started to get normal and it will take a long time to return to pre-COVID-19 level. Analysts are of the view that it would be during 2024 when everything will be normal, assuming the global economies take fast track initiatives for quick and robust growth. You can read more about Top 10 Best Global Quant Funds in this article. The information has been gathered from a Yahoo article, shared by Insider Monkey.
AQR Capital Management is one of the popular quant funds. It was established by Cliff Asness. After reviewing the current market trends, Cliff is of the view that value stocks are likely to rebound during the first half of the ongoing year. “After ‘sinning a little’ towards value, talking about it constantly, and yes, rooting for it with all our hearts, it is very tough to see its initial comeback not only fail to change our fortunes but hurt them a little more,” Asness said. Apple is the biggest investor in AQR Capital Management’s quant fund portfolio. Another important quant fund is Millennium Management. This company has been brainstorming various investment techniques to pick the right stocks. As per available data, the fund reported an increase of 23% in its multi-strategy hedge fund until December 17. It was reported that Millennium Management hired one of the top brains to devise multi-prong quant strategies. Maxime Kahn, Derrick Li and Neil Chriss have been on the consultation roster of the fund for quant funds. These team members have a proven track record in quant funds, and they are familiar about maximizing returns. Check out details about more companies in this article 10 Biggest Quant Funds in The World, 10 Stock Picks.
