4 articles filed under this tag.
Quantitative Trading
In July 2026 the crowded AI-momentum trade reversed and systematic hedge funds suffered their sharpest drawdown in a year. Here is what happened, why the models moved together, and what it means for markets.
Quantitative Trading
Goldman's high-beta momentum basket has just logged its worst month on record even as the S&P 500 sets fresh highs. Inside the summer 2026 quant unwind, its causes, and its echoes of August 2007.
Quantitative Trading
Leopold Aschenbrenner's Situational Awareness LP lost roughly two-thirds of its value in July and sold a $16bn book to Citadel. The episode is a case study in AI-era crowding, leverage and the fragility of a consensus trade.
Markets
How the collapse of Leopold Aschenbrenner's Situational Awareness fund exposed the leverage and crowding beneath the 2026 AI rally — and why it matters for markets, quants and regulators.
