(Bloomberg) — Winton Capital Management, David Hardings $31.4 billion hedge fund firm, and Cantab Capital Partners, co- founded by the former head of Goldman Sachs Group Inc. quantitative strategies Ewan Kirk, posted losses last month as the stock market turmoil hit computer-driven investors.
Winton lost an estimated 4.3 percent last month in its $11.8 billion Winton Futures Fund, the worst month since July 2008, according to a letter sent to investors. Cantabs $2.6 billion CCP Quantitative strategy slumped 10 percent, another investor letter showed.
Rob White, a spokesman for Cantab at Greenbrook Communications, declined to comment on the letter. A spokeswoman for the London-based Winton didnt immediately return a message seeking comment.