Quant Hedge Funds In High Demand, But Is Strategy Framework Right?

HFA Padded
Mark Melin
Published on
Updated on

Hedge funds are looking to bulk up their algorithmic divisions to an extent never before seen. A recent Bloomberg Brief article notes demand for quants is outstripping supply, as the mostly chill math geeks prefer a laid back California tech culture to the conformity of Wall Street. Wall Street just might have to adapt, however. But before quants invade Wall Street, pushing for a culture that makes logical mathematical decisions, should the hedge fund or institution have a basic understanding of how to structure a systematic investment?

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Managed futures during crisis 2
Graphic credit: CME Group

Why did it take Wall Street so long to discover managed futures?

The rise of The Quants, the subject of an industry benchmark book, continues to roll-over Wall Street.

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HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.