Quant funds still lack one human power…imagination Submitted By James Williams | 12/04/2021 - 1:31pm Last year proved to be a strong litmus test for the hedge fund industry, with a slew of strategies able to post solid returns in a market that witnessed an incredible trough to peak recovery between Q2 and Q4. But quant funds had a tough time of it, as algorithms struggled to navigate the whipsaw conditions created by the pandemic. This led to significant dispersion of returns, with many household names including Bridgewater Associates, Renaissance Technologies, Winton Capital and AHL Dimension posting negative returns through May 2020.