Investors are not the only ones recognizing the increasing dominance of computer-driven hedge funds, also known as quantitative funds. Investment firms themselves are also apparently eager to muscle their way into the strategy.
On Wednesday, London-based GAM agreed to shell out $217 million for a 40 percent stake in London-based Cantab Capital Partners, a so-called systematic commodity trading adviser (CTA) with $4 billion in assets under management.
