BofA: With Rise of Quants Comes Meltdown Risk

“Everyone is becoming a quant,” Savita Subramanian, the Head of US Equity and Quantitative Strategy at Bank of America Merrill Lynch, wrote in a 247 page “Quantitative Primer 2017.”  As quants begin to take on an increasingly dominant position in the investing landscape, what are the ramifications?

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BofA: With rise of quants, risk of global financial meltdown is increasing

Available job postings for data scientists and quantitative analysts significantly outnumber those for fundamental analysts by a factor of eight, Subramanian wrote in the report. But is the quant space getting...