⇑ Riding the Wave of AI and Quant: Market Transformations under the Lens
Representing a significant stride in bringing finance and tech closer together, Schonfeld-backed Quant made a rousing entrée into the hedge fund...
In the world of quantitative analysis and finance, significant strides, developments, and progress have been observed. Quant Mutual Fund recently launched the Hybrid Long-Short SIF, while some quant analysts are reportedly leaving careers in quant trading in order to venture into AI. AI's impact on the quant field is also notable, with various instances of automated programming garnering attention, including Option Circle's AI tool enabling quant-level volatility analysis for retailers, WorldQuant's record participation in its university contest and Alpha's Picks/Pro quant portfolio recommending three stocks for investors. Moreover, financial institutions like Ex-UBS and JPMorgan are currently building teams for prime broking in London, and Wharton School bagged a $60 Million for its quant degree program. In terms of stocks, several have reportedly played key roles in the movement of Quant Signal Sets, such as Siemens Energy and Gland Pharma, as highlighted by Quant Small Cap Fund's recent trading activities. Meanwhile, accomplished participants in computer-run trading strategies aren't ready to relinquish control to AI just yet, suggesting a maintained faith in human-driven models. Irrespective of these developments, employment within the quant sector remains challenging for many, with reported hardships faced by quant researchers in hedge fund pods and quants still struggling to acquire jobs despite their qualifications.
Quant News Analytics from Thu, 22 May 2025 07:00:00 GMT to Wed, 22 Oct 2025 17:58:02 GMT - Rating 3 - Innovation 7 - Information 6 - Rumor 5
