Two Sigma, Renaissance Rebound in 2021

Risk premia and equity quant strategies are solidly in the black this year.

David Siegel, co-founder of Two Sigma Investments. (Victor J. Blue/Bloomberg)

David Siegel, co-founder of Two Sigma Investments.

(Victor J. Blue/Bloomberg)

Quant funds are back…at least for now.

After losing money in 2020, computer-driven hedge fund firms, including Two Sigma and Renaissance Technologies, have rebounded sharply this year.

This is especially true for a few strategies in particular. “Risk Premia and equity quants are having their best year in a while, and nobody is talking about it,” said Jonathan Caplis, chief executive officer of hedge fund consultant PivotalPath.

Through

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