Vol Target Fund 下个月又要买买买了 Volatility markets are flashing the green light for $49 billion of quant-driven cash to pour into U.S. stocks over the next month.Historical price swings in the Standard & Poor’s 500 Index over 20 days have plummeted to the lowest since January, sending automated buying signals to quant traders that run $275 billion in volatility-targeting strategies.Nomura Holdings Inc. estimates that if the S&P 500 swings an average of 1% in either direction every day over the next month, vol-targeting players could snap up $49 billion of stocks. BNP Paribas SA estimates a more conservative $12 billion if realized volatility remains at current levels.“We are again seeing vol control ‘light’ of their target equities allocation and reaccelerating purchases,” Nomura strategist Charlie McElligott wrote in a note on Tuesday.All told, there’s evidence that big-money players beyond vol-control funds are starting to warm to the market, potentially providing more ammo to stock indexes. #stocktalk