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Quant hedge funds set to surpass $1tn management mark

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The quantitative hedge fund industry is on the brink of surpassing $1tn of assets under management this year after breakneck growth from rising interest in more systematic, computer-powered investment strategies. The amount of money managed by quant hedge funds tracked by HFR, a data provider, rose to more than $940bn…

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Click here to read the full story: Financial Times

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