Quantitative modeling took a tremendous hit during the credit crisis, and investors who favored such systematic investment strategies are, once again, favoring active stock pickers, The Wall Street Journal reports.

U.S. large-cap equity quant funds lost 37.53% of their value in the trailing 12 months ended March 31, slightly behind, by 1.4 percentage points, actively managed U.S. large cap equity funds. Long-short equity quant funds did miserably worse, losing 43.37% over the period, a full 16.3 percentage points behind non-quants.

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