John Overdeck under performing hedge funds grow
The number of under performing hedge funds grows despite the advent of a quantitative firm using cutting edge technologies in artificial intelligence, machine learning, and big data analysis. John Overdeck co-founder of New York-based Two Sigma is one such quantitative firm with 51 billion USD (2017) AUM and it still struggles to make money. Two Sigma’s Compass fund also joined the list of under performing hedge funds. The fund trades commodities and currency futures across markets. But the fund is down 5.7% this year and lost money for its investors in January and February. John Overdeck co-founder of New...
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