Wall Street’s Most Famous Quants Fed Up With JPMorgan Soothsayer
- Risk parity, trend-following strategies used as scapegoat: AQR
- Size of industry overestimated in bank research, firm says
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Don’t listen to Marko Kolanovic.
Or anybody else who tells you quant managers regularly whip up bouts of pain and suffering for stock investors. Funds with programs that follow trends and sell like robots are getting smaller and simply aren’t big enough to overwhelm the $24 trillion U.S. equity market.