Power List: Quant hedge fund Top 10 in 2024

(L-R): Cliff Asness, Leda Braga and Jean-Philippe Bouchaud of AQR, Systematic and CFM, respectively


Systematic hedge funds have performed well in 2024, with the best returns concentrated in equity quant strategies. With quants in demand heading into 2025, AFI reviews performance and lists the Top 10 by AuM.

The four largest quant-focused managers are headquartered in America, led by Two Sigma Investments. The firm has been through a high-profile leadership change but flagship performance has been good (up 11% through mid-November) and assets have hit a peak $64bn.

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