Adust or Bust When financial markets started heading south last summer, quantitative investment managers constituted the first wave of casualties. Various factors rendered these organisations especially vulnerable to market fluctuations, and with current

Singling out the challenges facing quant managers in a market environment raising blood pressures across all facets of the financial industry may seem too narrow an exercise. But the combination of these general market difficulties with issues specific to the quant sector has created particular obstacles - and indicate particular remedies going forward - for managers pursuing quantitative strategies.The extent to which firms must right their proverbial ships depends largely on how short- or