Big Losses, Steep Asset Declines Humble a Hedge Fund Pioneer

The systematic fund managed by David Harding’s Winton Group is deeply in losing territory, while its assets have also fallen sharply.

David Harding, CEO of Winton Capital Management. (Jason Alden/Bloomberg)

David Harding, CEO of Winton Capital Management.

(Jason Alden/Bloomberg)

Hedge fund luminary David Harding’s London-based Winton Group Ltd. is enduring a brutal 2020, posting steep declines in both performance and assets in its flagship fund.

The systematic trend following pioneer’s Winton fund had fallen 19.8 percent for the year through October, according to a private database.

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