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Quants are ‘out of ammo’ for buying stocks, Goldman warns

New York | Amid resurgent banking angst, rattled sharemarkets may have to live without a key source of buying power.

That is the warning from Goldman Sachs’ Scott Rubner, whose data shows systematic money managers have loaded up on more than $US170 billion ($256 billion) worth of global shares in the past month, driving the funds’ exposure to the highest level since early last year.

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    Original URL: https://www.afr.com/markets/equity-markets/quants-are-out-of-ammo-for-buying-stocks-goldman-warns-20230426-p5d3bc