(Harvest) Artificial Intelligence, Algorithms, Quants, Computer Driven Strategies, FinTech. No matter how you phrase it, those buzz words are here to stay in the financial realm. And what stories they have become… with yesterday’s more “normal” quant stories of machines taking over for analysts turning into stories about hedge fund managers trying to teach computers to copy their brain.
It’s no surprise there’s an uptick in press around these topics, with retail and institutional investors alike pouring money into the ‘quant’ space. If you follow the money, it’s easy to easy why this space is not only growing, but getting so much attention. Here are the eye-popping stats on the billions going into the space via Wired:
