Quant Buying May Add `A Few Percent' to Stocks, Kolanovic Says

  • S&P 500 2,100 level to compel $80-$100 billion in CTA buying
  • Trend-following CTAs last buyers in equity market, JPM says

The unleashing of $100 billion into the U.S. stock market by computer-driven quant funds would boost benchmark indexes by a few percent, though after that buying may dry up, according to Marko Kolanovic, the JPMorgan Chase & Co. derivatives strategist.

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