China Quant Funds Seek Billions After Sidestepping Rout
- Almost all quants that froze inflows last year have re-opened
- Regulatory scrutiny of industry has eased up in recent months
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China’s quantitative hedge funds are back raising billions, betting that their recent recovery from a bruising downturn will be enough to entice investors.
Yanfu Investments, founded by former Two Sigma Investments analyst Gao Kang, has opened all products and said it’s now able to run 80 billion yuan ($11 billion), more than double its current size. Beijing-based Ubiquant is planning to raise 2 billion yuan by re-opening a strategy that aims to beat the CSI 1000 Index. They join Jin Ge Asset Management and others in ending a self-imposed freeze.