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首页> 外文期刊>Institutional investor >SHORT CIRCUIT THE SEC'S BAM ON SHORT SELLING FINANCIALS DOESN'T COMPUTE FOR QUANT MANAGERS
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SHORT CIRCUIT THE SEC'S BAM ON SHORT SELLING FINANCIALS DOESN'T COMPUTE FOR QUANT MANAGERS

机译:美国证券交易委员会对短线出售金融资产的重算并不算是对大量管理者的计算

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摘要

The ban on short-selling financial stocks is wreaking havoc on the carefully calculated strategies of quantitative fund managers-and could actually drive down the beleaguered bank stocks it was intended to prop up, say some experts, "Rules that are driven more by fear than by any rational calculus always have unintended consequences," notes Andrew Lo, a leading academic and the chief scientific officer of AlphaSimplex Group, a $600 million quant shop owned by Natixis Global Asset Management. 'There will be some dislocation because you may not have time to rewrite your algorithms-you may just get out of the financial sector altogether."
机译:禁止卖空金融股的做法严重破坏了精心设计的量化基金经理的策略,实际上可能压低原本打算支撑的陷入困境的银行股,“一些专家说,“规则更多是出于恐惧,而不是恐惧。任何理性的演算总是会带来意想不到的后果。” AlphaSimplex Group(Natixis Global Asset Management拥有的价值6亿美元的量子商店)的首席学者兼首席科学官Andrew Lo指出。 “会有一些混乱,因为您可能没有时间重写算法-您可能会完全脱离金融部门。”

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