April’s Liberation Day turbulence presented a critical test for quantitative investment strategies. US equities dropped 12% over four trading days, only to snap back, regaining almost 10% the following day.The rapid rebound exposed vulnerabilities in some defensive strategies, which struggled to make the expected adjustments, leading to outflows and urgent recalibration.In contrast, JP Morgan’s most targeted products performed strongly. The bank’s equity dispersion strategies – some of the most popular in ...