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How to Save Greece Debt doesn't have to spell disaster. A solution to Europe's crisis exists—and it's worked before Greece is a chronic defaulter. Since winning independence from the Ottoman Empire in 1832, the nation has spent half its time in various stages of default or restructuring. At...

The second anniversary of the equity market bottom is a good time to take stock. Two years ago today the US’s S&P 500 closed at 676.5, its 2009 low, amid unrelieved gloom. In hindsight that was the moment to buy. But after returns of 96 per cent, the question is whether this bull market...

Innovation has always been on the daily “to do” list of every quantitative fund management firm that uses computer programs instead of mortal analysts to pick stocks and bonds. But after they were throttled by the stock market crash of 2008, quant shops ranging from behemoths like State Street...

A quantitative investment firm agreed to pay $242m to settle allegations that it hid from clients an error in its computer model that caused them millions of dollars in losses. Axa Rosenberg Group, which managed $30bn at the end of last year, and related entities agreed to settle the...

The US Treasury has been urged to sell “ultra-long” bonds with maturities of up to 100 years to help lower the government’s borrowing costs. The longest bond issued by the US has a maturity of 30 years, and in recent years, the UK, France and China have sold 50-year debt. Extending the average...

As Wall Street hangs on the question “Will Greece default?,” the author heads for riot-stricken Athens, and for the mysterious Vatopaidi monastery, which brought down the last government, laying bare the country’s economic insanity. But beyond a $1.2 trillion debt (roughly a quarter-million...

The top 10 hedge fund managers have earned more than $153bn for their investors since they were founded, a third of the 7,000-strong industry’s returns, latest research shows. Since they opened, George Soros’s Quantum fund and John Paulson’s Paulson & Co have together made more money than Walt...

FT.com / Financial Training - Analysis: Alternative to a PhD as a way in for quants