This quant still favors growth, argues that the value rotation won’t stick

Target QR Strategies’ Golden Eagle Growth Fund was down 14.3% for March, bringing its first-quarter return to 2.6. The S&P 500 was up 6.2% for the first quarter. However, the quant fund managed an impressive 121.1% return for all of 2020, compared to the S&P’s 30.5% return and most other quant funds, which struggled with lackluster or negative returns last year. Q1 2021 hedge fund letters, conferences and more Market watchers, the financial media and analysts have been emphasizing that the market is rotating out of growth and into value, but that might not be the case. While it’s true…