Quants

The loss erases eight years of earnings since the asset manager went public.

“I admit I’m nervous about how our clients will react,” AQR's Cliff Asness wrote following the worst run in global equities in six years.

The new factor-based products will extend the manager’s focus on data-driven investing.

Indexes typically tracked by the funds are often excessively allocated to Treasurys and mortgage-backed securities.

One VanEck fund had $574 million of outflows, the most since June and almost 40% of its assets.

In light of recent losses, risk models will tell managers to cut their exposure to the factor, which could cause a systematic sell-off.

The planned closures come just months after the firm introduced a lineup of artificial intelligence-driven products.

The quant crowd is justifiably concerned by the lack of objective statistics available.

One thing that excites Dana D’Auria about the industry right now is factor investing, which helped draw her to Symmetry Partners 12 years ago.

A new tool from the firm allows clients to analyze 2,400 equity-mutual funds and ETFs through the lens of factors.