PanAgora > Press > Uncategorized > CIO, George Mussalli, was quoted in Laurence Fletcher’s article “How quants and QE shook the cult of the stockpicker,” published by the Financial Times.

CIO, George Mussalli, was quoted in Laurence Fletcher’s article “How quants and QE shook the cult of the stockpicker,” published by the Financial Times.

“It looks like no manager can pick stocks any more, so why not just buy the index?” said George Mussalli, chief investment officer for equities at Boston-based investment firm PanAgora Asset Management. He believes being an active manager is a “dirty term” now. “But we’re just in a cycle where large-cap has outperformed.”