Ex-Barclays Quant Wants to Clean Up the $11 Trillion Index Boom
August 10, 2021 by Yakob Peterseil
After spending most of his career helping indexes take over the investment world, these days Laurence Black deals with the fallout from the $11 trillion monster he helped unleash.
As a creator of complex quantitative gauges at Barclays Plc, he contributed to a benchmark boom that critics say has spun wildly out of control, with around 3 million in existence globally compared with about 45,000 listed stocks.
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Originally Posted at Bloomberg on August 6, 2021 by Yakob Peterseil.
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