China’s quantitative hedge funds are staging a sharp recovery after suffering heavy losses during July’s market selloff, with popular index-enhancement strategies once again outperforming their benchmarks, according to a report by Bloomberg.
The rebound offers some evidence of the resilience of the country’s RMB2.6tn ($387bn) quant industry, although the recovery remains uneven and many managers have yet to make up the losses suffered during last month’s rout.
Data from Shenzhen-based hedge fund...
Continue Reading
Sign up for FREE to read the full article and access 156K+ alternative investment headlines.