WorldQuant Said to Lure Talent With Intellectual Property

Igor Tulchinsky’s $5 billion WorldQuant is seeking at least 15 teams of independent quantitative money managers in an effort to grow its multi-manager platform. WorldQuant is trying to attract top talent to its Accelerator platform, which currently has about 15 teams of managers, by offering them its modeling and back-testing technologies, the hedge fund said in a statement on Tuesday.