In Q1 2024, systematic hedge funds using coding and algorithms outperformed peers by 6.4%, driven by cocoa price surge and market volatility.
Systematic hedge funds leveraging coding and algorithms outperformed their peers by 6.4% in Q1 2024, according to Barclays' prime brokerage tracking 40 "classic trend" hedge funds. The surge in cocoa prices and market volatility due to inflation and geopolitics contributed to these gains, while the wider hedge fund industry only saw a 2.6% gain.
March 25, 2024
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