Quant Mutual Fund has been under SEBI's scrutiny for front-running claims and its CFO, Harshal Patel has resigned in the midst of the probe, which several reports have noted as fact that the resignation happened before the SEBI probe. Shashi Kataria has since taken over as Quant MF's CFO, according to the fund. Other developments in the firm include outflows of around ₹2,800 crore in 2024 following the probe, despite the fund's AUM in its Small Cap Funds rising in June. The Inquiry has led investors to pull out roughly $167 million. Elsewhere, French quantitative firm Capital Fund Management has announced plans for expansion in the US, while Seeking Alpha has disclosed its top Quant picks for Q2 earnings in various sectors, including technology, financial, and energy. There is also a shift in the atmosphere within the crypto space, with quant trading updates being noted amidst Bitcoin Cash price movements and successful presales of BlockDAG's advanced technology. Despite regulatory crackdown and recent fluctuations within the market, Chinese quant funds are expanding abroad, while ex-Two Sigma Researcher has become a significant player following the China quant crash.
Quant News Analytics from Tue, 19 Dec 2023 08:00:00 GMT to Fri, 12 Jul 2024 19:57:40 GMT - Rating -3 - Innovation 5 - Information 8 - Rumor -2
