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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 …

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