Morgan Stanley Strategists Expect Quants to Keep Winning in 2023
- Quants are up about 4% in 2022, hedge funds down almost 4%
- Bank says quants to also benefit as inflation recedes
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Morgan Stanley strategists expect quant shops to continue their strong run in 2023 after the rules-based cohort notched up a historic year over the past twelve months.
The math whizzes of Wall Street produced a profit of roughly 4% in 2022, Societe Generale SA data show, comfortably outpacing the returns produced by human decision makers. In a year when all major asset classes clocked heavy losses, hedge funds lost nearly 4%, according to Eurekahedge data.