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GAM’s Cantab Investment Highlights Growing Popularity of Systematic Strategies
The London-based asset management giant snapped up a 40 percent stake in the quant specialist firm at a time when computer-driven strategies are gaining traction with investors.
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
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