Quant funds in China are experiencing a surge in popularity, attracting significant investments. Ubiquant, a leading player, raised 2.6 billion yuan for a new fund within hours, while Shenzhen ChengQi Asset Management saw over 100 million yuan snapped up in seconds. The total assets under management for quant funds have more than doubled in less than a year, exceeding 2.6 trillion yuan, driven by their successful integration of artificial intelligence. This shift marks a departure from traditional investing preferences in China, where star managers were favored over computer models. However, in 2025, the machines significantly outperformed human traders by more…
News Timeline:
Track the development of this news story across the Internet.