QUANT QUAKE & MONTH END: Bloomberg article highlights the record deleveraging on the part of quants. Systematic platforms on Credit Suisse’s PB platform have slashed their equity positions by 45% this month vs end of Feb. Deutsch Bank, volatility-targeting funds have cut their equity allocation to a record-low 15% from about 70% months ago. Deutsche Bank also said that CTAs have taken their exposure to the fifth percentile. JPMorgan saw risk parity funds positions slashed in half… sounds likely systematic capitulation has swung into play at a time pension funds go into a month end where huge rebalances are required to balance stock/bond investment mandates after the recent collapse. Some big numbers being banded around ($150-$250bn, vs normal $30bn avg, some say).