Quant fund reddit Tbh I’d say a stretch to say worst trader ever given he was a quant not a trader, and also surely traders who lied or mislead their investors are ‘worse’. While the job workflow looks pretty good, like a fast-paced data sc I am currently deciding on an offer for a portfolio manager role at a small fund, and since they’re small their typical PM package is a bit less standard. Add to that, more money is moving from fundamental funds to quant funds as well, so even with smaller returns, they can earn more (10% of $5b > 20% of $1b). HDFC Mid-Cap Opportunities Fund - 20% Quant Small Cap Fund - 25% ICICI Prudential NASDAQ 100 index fund - 5% Was thinking to add some fund dedicated to upcoming technologies like AI/Big data. Older people tend to enjoy the relaxed nature of not having to strictly generate PnL for their stakeholder and work on model development. If mass sell off is initiated for quant funds, it could trigger a small correction in the short term. "Hedge fund" is a very broad category that encompasses both purely quantitative funds that will be quite similar in pay/culture to prop trading as well as more multi-strat funds that may be closer to traditional finance. So, there would be jobs in these for you. quant Small Cap used to be something else before this. Reflections from a senior quant: a Reddit thread by a senior quant about careers in quant finance, in response to wrong information spread by students/users with no quant experience. Along with good company holdings, good fund managers are important too NYC seems to have a better overall finance scene (not just prop trading: buy-side trading/quant at asset manager/hedge funds) and networking opportunities while Chicago offers an unparalleled environment for prop trading/market making. A subreddit for the quantitative finance: discussions, resources and research. Cornell Quant Fund is proud to present the 2023 Cornell Trading Competition! With three algorithmic trading cases to compete in—options, crypto, and equities—as well as exciting live games, no matter what you’re interested in, there’s a chance for you to expand your knowledge of quantitative finance and engage with other passionate We would like to show you a description here but the site won’t allow us. If you enjoy technology applied to real life problems without the hustle of getting funding like in academia you will find a job within the quant space that you will enjoy Apr 19, 2025 ยท Quantitative analysis is the use of mathematical and statistical methods in finance and investment management. The fund he was a part of took huge losses due to a black swan event after previously returning 40%. Quant at Bank vs Quant Trader at Hedge Fund/Prop Shop General I've heard that the work as a bank quant is less stressful and less intense than quant trading for buy-side firms, with the trade-off being a much lower salary. Of course most quant jobs are in traditional finance so over time so I've started preparing for quant interviews at such places. Quants tend to specialize in specific areas which may include derivative structuring or pricing, risk management, algorithmic trading and investment management. Definitely skewed to quant heavy background for the founders of large quant funds (makes sense lol). Prop firms usually pay between 30-60%. "But my post is special and my situation is unique!" If you haven't already, please add your own analysis/opinions to your post to save it from being removed for being a Low Effort post. Moreover the Quant Liquid Fund has consistently been ranked 1 for most of the past 10 years. I wanted to check whether this package was reasonable and in line with what a systematic/quant PM package would look like at a large multi-manager like Millennium or Balyasny. So you can find a few quant positions at almost any buy-side firm. Keep in mind that quant jobs in buy side and sell side are fairly different. CCL, Balyasny, Squarepoint probably the only 3 established quant funds(and 2 of these are American satellites) with a presence in Canada Believe CCL is equity only while the other 2 are multi-asset Edit: CPP and OTPP also have quant strategy teams but not sure how far systematic they truly are Prop trading firm (aka prop shop) is like a hedge fund that doesn’t take outside investors. This has great tax benefits PnL (%) cut. Reply reply More replies More replies Frostbird51882 One of the pack of Chinese AI hopefuls trying to take on the likes of OpenAI comes from an unusual source: a quant fund dominating the country’s financial sector. Reaching out to all for an advice, if Quant is worth investing. Often, you can invest in ETFs without pre-approval or counting towards monthly limits or w/e, so a boring ~3 fund portfolio. "But my post is special and my situation is unique!" The whole industry is moving towards quantitative methodologies even if they aren't 100% driven by a quantitative process. (from The AUM for Quant is definitely going to increase in future and this will make it difficult for them to allocate funds in any particular company’s that they are targeting cause those companies may have very small market cap as compared to the AUM for quant in the large cap space this may not happen but it will happen in the small cap area and will work against their own strategy of finding Once , the small and Midcap rally broke (2018 I guess) this fund sinked like anything and fund managers weren't the genius they advised to be, this fund was following high risk high return strategy in bull market and played with Small and Midcap stops and eventually after 5 years of holding, I took out the amount with a small loss. Once Quant AMC decides to engage with ET Money on the same, we are hopeful that Quant It depends on the type of quant. However, I am wondering what type of strategies do most of the top hedge funds or prop trading firms use ? Are most of the strategies high frequency or ultra high frequency strategies or they also invest a substantial amount of their capital in medium frequency as well ? Prior to COVID, quant funds outperformed fundamental funds, meaning that the 25% PnL would be a lot more at a quant fund. Jack founded Vanguard and pioneered indexed mutual funds. I''m interested in recruiting next semester for junior summer quant trading internships. No mention of how responsible he was other than he was on the board of directors. Please DO NOT ask for BUY/SELL advice without sharing your own opinions with reasons first. However recently at an alumni event I met multiple traders who'd done their time in tradfi firms eg GS and asset classes (eg. Won't do you any good. ICICI NIFTY 50 index fund HDFC balanced advantage fund Quant active fund Honestly for becoming a quant, knowing math is more important than actually knowing finance. I'm surprise u/zlbb put Domeyard on here but missed all the other good quant firms in Boston. I have seen a strong surge of HFTs in the quant trading environment. So the rolling returns aren't going to be informative here. Discussion about retirement account's, Investing long term and short term, Financial new's is welcome… 55 votes, 25 comments. By "quant" I mean quant research roles, which has very little overlap with "quant trading" or "quant dev 86K subscribers in the quant community. Really sorry for a really stupid question, but what value are you guys actually creating at your quant jobs? No trolling, 100% serious. bonds, equities) and now had moved to crypto trading firms. To name a few of the larger ones that oftentimes go underappreciated, Arrowstreet is at the very top, with others such as DV or maven. When market picks up, mutual funds do well. I am a Wall Street quant AMA: AMA by a Wall Street quant (very old, so some information might be out of date). Those working in the field are quantitative analysts (quants). Scope of this guide/my own experience: I only have experience with US quantitative hedge funds/prop shops (no banks or more diversified asset management firms - basically the typical firms that recruit primarily from outside of finance). If you are a graduate seeking advice that should have been asked in the megathread you may be banned if this post is judged to be evading the sub rules. I'm a stem academic looking to transition into industry and have been contacted by quant finance recruiters. Lesson learnt. With respect to investing in the fund, I’ve always had that as an automatic thing with either a portion of your bonus (20% at Two Sigma) or TC (18% at Citadel IIRC). Quant covers a spectrum from almost pure software development to being a pm managing a fund. Among "axis small cap" (drawback: newly appointed fund managers), "Quant small cap" (drawback: highly volatile up and downside capture ratio), "Nippon small cap" (too much AUM for small cap), would love to here your thesis. While searching or Liquid Funds to park my emergency funds, I saw that the performance of Quant Liquid fund is higher than other large fund houses, however the AUM is not comparable. Quant trader AMA: AMA by a quant trader. His work has since inspired others to get the most out of their long-term investments. Sliding scale dependent on Sharpe ratio Hedge funds usually pay a fixed % (~20 ET Money has been able to ensure that all AMCs accept EOP code in the transactions; except Quant Mutual Fund. Previously AXIS was the top Fund in all field, This is just reminder that PAST RETURN ARE NO GUARANTEE OF FUTURE Quant funds have a higher alpha, so when the markets are doing good, these will perform too good but they have even have a comparatively lower beta, so when the markets will start falling, there's a high probability that these funds shall fall more than the remaining funds in their corresponding categories. Financial advisory platform Morningstar has said panicking and selling investments or stopping Systematic Investment Plans (SIPs) is not recommended at this stage. RenTech, TGS, PDT Partners DE Shaw, Jane Street, Jump Citadel, Two Sigma, HRT, Virtu, SIG Optiver, DRW, IMC, {everything else?} I've certainly missed a bunch and I'm not sure about anything after tier 1, so feedback is welcome! In terms of preparing for a generic role as a quant. Also, any Hybrid funds that I can add, if i should be adding it. Yes, the interview process is especially brutal, since for some reason, you're basically required to be an expert in three disciplines (math, computer science, finance), and the positions tend be much sparser than say, a fundamental investment role on the sell side (as a strategist) or the buy side In Liquid funds, I was reviewing the top performers (among other things). Obviously if you have an offer to go and be say a quant on the pricing team at an options firm, there’s a bunch of stuff you should go and look at Confused in choosing small cap mutual fund for my portfolio. Example, day before market went down in red 800-900 points and my mutual fund portfolio was 20k down. Most people end up leaving for a Quant Fund after 4-6 years if they’re young. I noticed that Quant Liquid Plan: Seems to be around for ~7 yrs now Have very low AUM But, is the best performing of the lot with very good risk factors (better than peers) BUT, have very high TER (0. I honestly wouldn’t recommend anything reading wise. Crypto "3-Fund Portfolio": Portfolio following the advice of Jack Bogle, founder of Vanguard - but for crypto. Different jobs, different pay. Currently investing in the following albeit small amounts as I focus more on my stock portfolio than MF. Hi all, I'm a hedge fund recruiter and used to trade at a bank. There are plenty of smaller quant funds/prop firms with 5-25 employees that you'll have never heard about and likely never will that do well enough for themselves within their niche spaces. 88K subscribers in the quant community. Please delete this post if it is related to getting a job as a quant or getting the right training/education to be a quant. 2 funds in each category is fine imo, there is no hard rule as to how many are too many funds, for me 8 is that number, for you it could be more or less, check for the overlap of stocks in quant and Nippon and then decide upon the diversification. To be fair as well, Ken Griffin has an econ degree from Harvard, which is certainly a quantitative domain. Working at one of the 4 big HF citadel, point72, Balyasny, millennium. This is talked about often so I tried making a tier list for quant hedge funds/prop shops. Quant traders, different yet - They make the money, and in a good year this is very profitable. When market is volatile that will directly affect your mutual fund investment. I was on it yesterday and filtered upto Motilal, Quant and PGIM midcap mutual fund. If you mean quant with 4 years of experience within a hedge fund, then it heavily depends on performances. 29K subscribers in the mutualfunds community. 1). For pure quant driven entirely by quant signals, I’d say frankly a marketing gimmick; there are absolutely some actual good quant funds who are the real deal (ie Renaissance). Pure quant development, the number is accurate, though often for not so grueling hours. " Money comes in MF after they performed good and goes after they have gone bad. With the ongoing Sebi investigation into Quant Mutual Fund casting a shadow, investors are understandably worried about their holdings. The best performing hedge funds in the world, like renaissance technologies, hire mathematicians and scientists over finance degrees, and will throw out resumes if they ever worked on Wall Street. 2). We would like to show you a description here but the site won’t allow us. Almost every fund is a leader in any category . Can someone give me a rundown and walk me through the timeline and how I should prepare for this upcoming recruiting cycle? You’d find that 1 quant who was very successful and prolly started their own fund. 62% for Liquid fund - Direct) I am personally invested in Quant fund But John bogle said "Mutual funds with superior performance records often falter. Hedge funds might not be as impressive when it comes to performance but unlike the market that some years do -15% and another year 15% (averaging in the case or s&p500 about 9%/y), hedge fund would smooth this by getting like 15% of performance regardless of market conditions (this is a very simplified answer) As far as I know, quant took over Escorts mutual fund sometime in 2018. But the reality is that if you are a pure model based investor, you’re really probably not going to outperform because you’re betting on historical quantitative Bogleheads are passive investors who follow Jack Bogle's simple but powerful message to diversify with low-cost index funds and let compounding grow wealth. It’s super varied, every firm has their own flavour on the role and on the kinds of models, techniques and assumption that are in play. Getting to 7 figures seemed highly unrealistic in the next 5 years or so, so I took a gap year to start a tech company with a friend. Please your thoughts, is this genuine and worth investing . Some hedge funds allow employees to invest a certain amount into internal funds, which can give you returns ranging from 40-100%. Quant funds/shops are a subset of a hedge funds or prop shops that use quantitative strategies. The people running the fund provide all the capital. I’m investing in the following: Quant Small Cap Fund UTI Nifty 50 Index Fund. . Suppose the risk free rate is 1%, and a hedge fund consistently earns 2%. Pls advise if some similar funds focused on a industry that should be added. I was considering Parag Parikh Flexi Cap Fund but I heard It is also a really good way to break into the Quant space. If you panic sell now, it'll only invite taxes on your gains. I would say average comp for average year for average 4 yoe quant should be around 500-600k. 6 months later and we've made low 7 figures in profit. Buy-side, sell-side. I was a quant getting paid low to mid six figures / yr having worked for 4 years. i do a lot of work in the quant space, im happy to answer any questions regarding quant recruiting. Don't have a full list, but the most prestigious fund to my knowledge is ADIA. Used specifically for PMs & senior hires in pod set-ups. I'm an undergraduate student (incoming junior) currently at a summer internship at a fundamental hedge fund. but suppose the market consistently provides an 8% return. I've invested in quant ELSS but won't invest anymore as the new proposed tax regime made it obsolete to invest in any saving instrument wrt sec 80c. Allocated as 60% Bitcoin (Blue Chip), 20% spread across Ether, Litecoin by market cap (emerging), and 20% in Tether (stable). The top fund managers and CTAs that employ quants are making billions, smaller ones hundreds of millions. edit - didn't expected this thread to take off like this, im very busy but will try to answer all questions when i can. In this case, the hedge fund would both have 0 Beta and outperform the risk free rate, yet still be the inferior investment. High-Flyer Capital Management, a Chinese quantitative hedge fund, has grown into a roughly Rmb60bn ($8bn) asset manager since its launch in 2015, partly using AI and algorithms to Switzerland is a hub for commo hedge funds so and generally asset management/portfolio management. Two Sigma Investments was a top dog a couple years ago, but the whisper network suggests others have been doing better in 2020+. Few people understand this. Since 2020, quant AUM has increased multi fold, I think 1004 times to 10k Crores in 2022. Quant means many things. We are constantly in touch with Quant AMC to enable us to send the EOP code which means there are business & operational processes to be followed. Same bro. Can someone suggest me a good MF to invest in. As far as the fund house goes, I've been tracking quant's portfolios lately, and their bets are pretty accurate. But majority would be working their jobs and have their money in pension, prolly funds that their company manages, other instruments that the common masses use. Quan research is different already, closer to the money, so pay goes up. As a quant with around 14yoe, I tend to agree and disagree with the some of the comments here. Recruiting and pay for quant research (mostly geared towards PhDs) is going to be fairly similar between quant HFs and prop But usually quant funds are judged by the returns of their prop book or their general availability funds that endowments and the like get. Lots of quant 'celebs' work there (Marcos Lopez de Prado, Charles Albert Lehalle, Alex Lipton and a few more). But then I compared the holdings and Quant had its majority in IT sector (while Axis has in Consumer Discretionary, we need to keep the time horizon in mind as well and growth prospects and volatility etc of sectors) which made me pause and led me to compare beta and other Ratios (Thorne, Sharpe n pta So any issue within the fund house won't have any immediate impact on your money unless those individual stocks are not performing. I'm not a quant, so maybe this isnt the right way to think of it. ohzsmgi qaqv kylygwq sjwo lsld egpibj djderh gxdwr bnrqd klcg
© Copyright 2025 Williams Funeral Home Ltd.