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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'—talk about a bumpy roller coaster with a silver lining!

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Source: Businessinsider | Published: 8/11/2025 | Author: Bradley Saacks