George Mussalli, CIO, was quoted in Dan DeFrancesco’s article “Investors focused on stock market fundamentals have developed ‘quant envy,’ and some executives say they’re making a critical mistake,” published by Business Insider.

George Mussalli, chief investment officer at $43 billion quantitative investment firm PanAgora Asset Management, told Business Insider he’s seen plenty of fundamental investors use quants incorrectly. Often it’s an issue of not fully embracing the strategy. A quant-based portfolio would be developed only for the fundamental investors to override some of the trades, destroying the entire strategy, he said.