Singapore’s Quantedge, 2019 Leader, Posts 29% Plunge for March

After a record-breaking 2019 where Quantedge Global Fund soared over 70%, Quantedge faced its worst month to-date with a 28.8% loss in March 2020 due to the COVID-19 market upheaval.

Despite the sharp decline, the firm remained steadfast, reminding investors that such volatility is inherent to its long-term strategy, and that the strategy is designed to survive and rebound from such drawdowns.

View the full story on Bloomberg here.