Spokesmen for the firms declined to comment.
At times, traditional equity and quant strategies can both prosper. The last two months is such a period, as threats of war with North Korea and expectations of a Federal Reserve interest rate hike have spurred a rise in volatility.
“This has created an unusual environment where you have an uptick in the overall market, which helps long-term fundamental funds,” Ng said. “But there’s also enough volatility and dispersion within certain sectors, like energy and health care, so quants and algo managers can make money.”
This article was provided by Bloomberg News.