QIM Tactical Fund's 46% Plunge Puts It On Track for Worst Year
- The performance follows record return of 60% in 2017
- Quantitative Tactical Aggressive Fund fell 11.8% in September
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After years of double-digit gains, the tactical hedge fund run by Jaffray Woodriff’s Quantitative Investment Management is on pace to post its biggest annual loss.
The Quantitative Tactical Aggressive Fund tumbled 45.9 percent this year through September, according to an investor document seen by Bloomberg. The equity-focused fund fell 11.8 percent last month, even as the S&P 500 rose. A representative for Charlottesville, Virginia-based QIM didn’t respond to requests for comment.