Published on 21 Jan 2022 on Insider Monkey via Yahoo Finance
In this article, we discuss the 10 best dividend stocks according to John Overdeck and David Siegel's Two Sigma Advisors. You can skip our detailed analysis of the hedge fund and its performance, and go directly to read 5 Best Dividend Stocks According to John Overdeck And David Siegel's Two Sigma Advisors.
John Overdeck and David Siegel co-founded Two Sigma Advisors, a New York-based hedge fund, in 2001. The hedge fund utilizes technological advances and data sciences in global financial markets to make investments while managing risks. The use of a scientific approach in investment management comes with the founders’ propensity for data and technology, especially machine learning and distributed computing.
Before founding Two Sigma, both Overdeck and Siegel worked at some of the most prominent hedge funds, like D E Shaw and Tudor Investments. This polished their strategy of deploying scientific rules in financial markets. Currently, the hedge fund has over 1600 employees in research and development roles. In 2019, Overdeck and Siegel received a lifetime achievement award at Institutional Investors’ 17th annual Hedge Fund Industry Awards. The data-driven hedge fund managed to generate positive returns over the years through its technology-based investment methods. The hedge fund’s Compass Fund rebounded in 2021, gaining 8.75% through November, after posting a loss of 12.21% in 2020.
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