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A Quant is an acronym for Quantitative Medical diagnosis. A “Pure” Quant Fund is probably dobot in the fact that the computers do all the trading of currencies and securities. From what I felt told, necessarily about 15% of Hedge-funds are pure Quant Funds. No banks when i know of are Pure Quant Profit. Banks are a Human based group simply by a Quant, more on that in the second.
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