Bloomberg’s article “Hedge Funds Pile into Copycat Quant Trades They Once Derided” talks about the accelerating adoption of QIS tools with notional exposure reaching $552 billing by December 2023 and its role in the investment process.
In the article, Pierre de Saab, Partner & Head of Alternative Investment at Dominicé who has written research on the subject, argues QIS tools can be useful but they still don’t replace hedge-fund managers.
Read on to find out why.