YEREVAN, May 8. /ARKA/. Two well-known hedge funds - Teza Capital Management and WorldQuant have opened offices in Armenia, Bloomberg reported.

Teza Capital Management, a hedge fund, was founded in 2009 in Chicago by a team of qualified academics and investment professionals.

By 2019, it developed a comprehensive portfolio of strategies that leveraged key competitive advantages as well as other market drivers.

WorldQuant is an asset management company founded in 2007 that focuses on systematic strategies. The company currently has more than 750 employees working in 27 offices in 17 countries. -0-