Allocator: QIS Is Raising The Bar For External Managers; Partnering With Banks Seen As A Core Principle, Notes Roxton

Speaking at Simplify’s Entering The Fall 2024 Thought Leadership Series this week, Mike Fang, senior portfolio manager and trader at the USD66 billion Maryland State Retirement and Pension System (MSRPS), said quantitative investment strategies offered by investment banks are serving as a benchmark and are subsequently raising the bar for external managers to seek innovative ways to deliver alpha.