Are quant funds really dead?

The credit crisis in some ways amounted to a strong kick in the butt for quantitative funds. Many of them just coped with the herd to the doors and their returns suffered. But is the idea dead? A lot was made of the new Goldman Sachs hedge fund opting for more of a stock picking strategy, but not all are convinced the quant approach is tired. Consider Horton Point, which will launch its Gallery QMS Fund in January, according to an item on the Institutional Investor website. The new fund will feature 11 separate strategies--in equities, fixed income, credit arbitrage, volatility arbitrage and insurance-related strategies. That's well beyond the norm. CEO Dimitri Sogoloff is proud of the 10 PhDs he has hired, including a nuclear physicist and computer scientist. We'll likely see a lot of innovation this year from the quants. Of course, the numbers will tell the true story.  

For more:
- here's the Institutional Investor article 

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