Quant hedge funds recovered from October's shaky start — except for one big name that suffered serious losses

Quant hedge funds recovered from October's shaky start — except for one big name that suffered serious losses

The late Jim Simons founded Renaissance TechnologiesSylvain Gaboury/Patrick McMullan via Getty ImagesRenaissance Technologies has lost money in its two public funds for the year after a rough October.Quants started October on a losing streak but, on average, recovered by the end of the month.Early October felt similar to the summer troubles that stung many big-name quants.October felt like summer for many quants — at first.Last month started wit…