The Debt Supercycle

Let's hear it from Kenneth Rogoff. Here's his article published in the Financial Times on Oct. 10, 2015.

This slowdown is a hangover not a coma.

Why should we listen to Rogoff? Because he is a Harvard professor and has studied 8 centuries of debt-laden financial crises in his 2011 book entitled This Time is Different.

Rogoff's profile on Wikipedia.

Author is also on Twitter.

Pioneer Quantitative Fund Managers

1. Renaissance Technologies
• James Simons, MIT-educated mathematician and Pentagon codebreaker
2. AHL
• flagship arm of Man Group
• AUM $12bn
3. Winton Capital
• David Harding, Cambridge-educated physicist
• helped set up AHL before selling it to Man Group
• one of the founding fathers of the CTA (commodity trading adviser)  strategy, a trend-following strategy employed across a variety of markets
4. Systematica Investments
• Leda Braga, engineering PhD
• spin-off of BlueCrest
• AUM $9bn
5. DE Shaw
• David Shaw, Stanford computer scientist
• AUM $37bn
• Fortune magazine calls him the "king quant"
6. AQR
• Clifford Asness
• AUM $130bn with $30bn in risk parity funds
• also manages CTA funds
7. Bridgewater
• Ray Dalio
• AUM $70bn in All Weather risk parity fund
• also has a classic macro fund named Pure Alpha
8. Two Sigma
• DE Shaw alumni David Siegel and John Overdeck
• AUM $25bn

AUM = assets under management

Excerpted from Financial Times, US print edition, Oct. 1, 2015, p. 9.

Author is also on Twitter.