Quant hedge funds - led by industry stalwarts like Renaissance Technologies - had a strong 2024
Briefly

In 2024, algorithm-driven trading firms achieved strong performance, with many quant hedge funds returning double-digit gains but none surpassing the S&P 500's 23% growth.
Leading quant firms such as Renaissance Technologies and Marshall Wace saw substantial returns, with Renaissance's Medallion fund achieving an impressive 30% return for the year.
Read at Business Insider
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