PanAgora > Press > Uncategorized > Richard Tan was quoted in Faye Kilburn’s piece on how quants are responding to the market correction and impact of the COVID-19 outbreak, “Factor strategies seesaw in coronavirus-hit market,” published by Risk.net.

Richard Tan was quoted in Faye Kilburn’s piece on how quants are responding to the market correction and impact of the COVID-19 outbreak, “Factor strategies seesaw in coronavirus-hit market,” published by Risk.net.

“Friday was a big down day in defensive, low-vol stocks. And two days before, growth stocks were down and defensive was a performer, so they kind of cancelled each other out in the last few days. On Friday, tech stocks, semiconductor stocks, all outperformed more defensive nature stocks like utility staples and real estate,” says Richard Tan, head of stock selector equity investments at PanAgora.