March 2013 Vol. 18 No.3
Asia’s quants enjoy immunity to quantitative crisis as Western counterparts woodshed
Category: Global
By Toby Garrod
Market players envisage new wave of advocates as tools are sharpened, trash is thrown out
Among the main guilty parties behind the global financial crisis, the most faceless, and perhaps most easily blamed, were the quantitative analysts. Their programs were pilloried to exemplify the finance industry’s loose relationship with reality, and to demonstrate that its soul was missing in action.
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