Problem
According to Institutional Investor, only 17% of hedge fund assets are managed by quantitative firms. That is about $500 billion allocated in total across all quantitative funds as of June 2017, compared to $386 billion a year earlier. What do you think is driving this massive reallocation of assets? 1.4 According to Institutional Investor's Rich List, how many quantitative investment firms are placed within the top 10 most profitable firms? How does that compare to the proportion of assets managed by quantitative funds?