(Business Insider) People are getting quantitative hedge funds all wrong, according to a manager who is launching a new $1 billion fund. Manoj Narang is launching New York-based MANA Partners next month, using a mix of quant and alternative data strategies.
Quant funds have historically analyzed data using mathematical techniques to search for patterns of trends. The idea here is that quants can pick up on relationships between financial assets that human traders miss out on.