Hedge fund collapse in Sweden puts spotlight back on quants
As one of Sweden's oldest hedge funds shuts its doors, investors are trying to sort through the wreckage to figure out what exactly went wrong.
BY LOVE LIMAN, BLOOMBERG
Lars Ericsson, the chairman of soon-to-be-defunct Informed Portfolio Management, says it's clear now that the quantitative strategies his fund used failed to cope with the market moves brought on by the pandemic. But he rejects the idea that quants have had their day.
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