Jay Rajamony – Beyond Factors: Reimagining Quant Equity for the Modern Era (S7E23)

Corey Hoffstein is joined by Jay Rajamony to discuss the evolution and challenges in quantitative equity investing over the past two decades. They reflect on events like the 2007 quant quake and its aftermath, and the evolving skill sets required in modern quant investing. The conversation explores the relevance of traditional quant factors, the impact of macroeconomic conditions, and the emergence of alternative data in quant strategies. They delve into methods for managing noisy covariance matrices, operational risk, and the balance between discretion and systematic approaches. Jay also shares insights on future trends in quant investing and his personal interest in etymology.