Quant hedge funds suffer worst day in 2 years as Treasury boosts buyback and Moderna shares leap
- Posted on August 20, 2026
- By Financial Times
- 2 Views
- 1 min read
Quantitative hedge funds experienced their most significant losses in two years amid a volatile market session. The downturn was triggered by Treasury buyback announcements and unexpected gains in Moderna shares, disrupting momentum-based trading strategies. This market turbulence underscores the fragility of algorithmic trading models that have faced mounting pressure since the recent artificial intelligence-driven equity correction, exposing vulnerabilities in systematic investment approaches.
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