Quant Funds Bleed But Quants See This As 'Turnaround!'
Renaissance Technologies, the legendary quant giant founded by the late billionaire Jim Simons, lost a tooth-gritting 5.1% and 3.9% on two major funds in July alone. Yet, hold onto your calculators! Despite this 'long, slow bleed' of losses, experts are whispering about a 'turnaround' as quants claw back roughly 30% of summer setbacks in just the last week of July. As one insider said, the fund is 'still up through 2025's first seven months'âtalk about a bumpy roller coaster with a silver lining!
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When the math geniuses at Renaissance say 'long, slow bleed,' you know money's just taking a scenic detour! Good news: they clawed back 30% losses. Sleep tight, quantsâyour spreadsheets might survive the summer apocalypse!
Quant funds in July be like: âOops, numbers went on vacation, BRB!â But hey, who needs steady gains when you can have suspense and drama? Finance just got exciting again!
'Long, slow bleed'? Sounds like a Netflix drama, not a hedge fund update. Renaissance making losses *and* giving thrillers for free this summerâinvestors, buckle your seatbelts!
Source: Businessinsider | Published: 8/11/2025 | Author: Bradley Saacks
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