(CNBC) A revitalization in the hedge-fund industry may be more dependent on machines than humans.After years of outflows, new reports show many of the larger funds and their current and prospective investors, are keenly focused on words like “quant” and “data science.”As one indication, take a look at this chart that was highlighted in a recent client report by Jefferies that was obtained by CNBC. This is based on Google Trends, showing the relative interest in the words “hedge fund” versus “data science.”
Machines Taking Over Hedge Funds Despite Lack of Evidence They Outperform Humans
This entry was posted in Syndicated. Bookmark the permalink.
