Quant-loving CPPIB backs new hedge fund: Reuters
The Canada Pension Plan Investment Board (CPPIB) has invested money with hedge fund firm Engineers Gate, its latest bet on so-called "quant" managers whose market bets are guided by elaborate computer algorithms, Reuters reported based on a recent disclosure. The size of the CPPIB investment in New York-based Engineers Gate wasn't clear. As of June, the firm had invested a total of US$645.7 million, including borrowed funds.
29 October 2015•2 mins read
