QIM shuts largest strategies to new capital, liquidates smaller offerings (Magazine Version)

The high-flying Quantitative Investment Management, Jaffray Woodriff's $5 billion commodity hedge fund firm, is closing its two largest funds to new investments at the same time the fund has hit a streak of poor performance. QIM will hard close its $4.5 billion Quantitative Global Program, which has lost 8.28% since September,