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April 17, 2019  

PDT Bullish on Chinese Stocks

Peter Muller’s PDT Partners has launched a China-focused equity vehicle.The $6 billion quantitative-investment manager began trading the long-only fund last month with an undisclosed amount of capital. Details about the investment strategy are unknown, but presumably PDT is employing proprietary algorithms to capitalize on a recent surge in Chinese stocks. Year-to-date, the Shenzen Stock Exchange Composite Index is up about 36%.Several...

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