Goldman Quant Chief Warns: Diversify Or Die
December 2, 2009

Quantitative hedge funds are going to have to expand their horizons if they want to make money, one of the top quants in the world said yesterday.

Speaking to his fellow quants at the Quant Invest 2009 conference in Paris, Robert Litterman, head of quantitative resources at Goldman Sachs, warned that traditional quantitative strategies have become too crowded.