TST Interviews Wayne Wagner: Cutting Costs Through Self-Analysis

THIS WEEK'S LEAD STORIES

Wayne Wagner is a founding partner of Plexus Group, a Santa Monica, Cal.-based investment advisory firm. He is the author of The Complete Guide to Securities Transactions (John Wiley & Sons, 1989).

Wagner helped set up Plexus Group because of the "slippage" he noticed in trading costs between index funds and funds that were actively managed. The slippage, he points out, amounts to some $10 billion a year in the U.S. Plexus seeks to recover some of these costs for active money managers through

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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