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Bloomberg

Quants Winning Against Hedge-Fund Peers Get Slammed by Selloff

The tariff-induced shock unleashed on markets in recent days has been so ferocious that even some of Wall Street's fastest and most tech-savvy investors have been unable to escape. Quantitative trading firms, who for much of this year had been a bright spot amid the institutional-investment crowd, are now showing cracks in the historic turmoil sweeping across assets.