Hedge Fund News From HedgeCo.Net

QIM Hedge Fund Soars 56% This Year

(Bloomberg) The tactical hedge fund at Quantitative Investment Management, the $3.4 billion firm run by Jaffray Woodriff, surged an estimated 56 percent this year through August, according to an investor document seen by Bloomberg News. The firm’s systematic long-short equity Tactical Aggressive Fund rose an estimated 14 percent in August, after falling 7.4 percent in July. This marks the $1.2 billion fund’s third monthly gain of more than 10 percent this year, the letter from the Charlottesville, Virginia-based firm showed.

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