Quantitative long excess returns are impressive, can this performance continue next year?

Since the beginning of this year, the performance of quantitative long strategies has been remarkable. The latest statistics from private placement network show that by the end of November, the average excess return of stock quantitative long strategy private funds has exceeded 17% for the year, with the proportion of positive excess returns exceeding 90%. The focus is on whether the impressive excess returns of quantitative strategies this year can continue next year. Many industry insiders believe that the main reasons for the impressive excess returns of quantitative strategies this year are the increasing market activity and low strategy crowding at the beginning of the year. Looking ahead to next year, with residents' assets being reallocated and risk-free interest rates continuing to decline in the medium to long term, equity market trading is expected to remain active. Various managers are also increasing their investment in AI to optimize strategy capacity. The future of quantitative strategies may see a slight increase in volatility, but overall excess returns are expected to continue to be impressive.