Strategies: A Coding Error Spells Problems at AXA Rosenberg (Jeff Sommer/New York Times)
Jeff Sommer / New York Times:
Strategies: A Coding Error Spells Problems at AXA Rosenberg — INVESTING is always an act of faith, but perhaps never more so than when you entrust your money to a quant fund. — Quantitative funds, after all, are the “black boxes” of investing — portfolios run by managers who generally try …