Agree with comments. Not only quant funds have been around since forever but in fact the new trend is in a hybrid approach of discretionary/fundamental & algo/quant strategy -- see DE Shaw article on their "quantamental" approach in:
There's a lot of opportunity in human aided systems, i.e. CEO says they are getting a lot of new web traffic after a redesign, but aggregated website analytics show that it isn't the case. Using credit card data in retail, etc. to either trade around a position, or inform a thesis, etc.
https://www.ft.com/content/0364850c-3ebf-11e9-9bee-efab61506...