Rise of Robots: Inside the World's Fastest Growing Hedge Funds
- Quantitative investment funds have record $500 billion assets
- Performance varies, but average quant fund is flat this year
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Believe the hype. Quants have never been more popular.
After doubling over the past decade, assets run by so-called systematic funds have hit a record $500 billion this year, according to estimates from Barclays Plc.