(Greenwich Time) That’s according to David Siegel, co-founder of Two Sigma Investments, a data-driven hedge fund based in New York City. Last year, in a room full of investment professionals, Siegel anticipated that computer-driven hedge fund managers would rule the markets of the future. With the release of this year’s Alpha Rich List, this prediction is becoming reality.
Now in its 15th year, the annual list is a ranking of the 25 highest-earning hedge fund managers around the world from Institutional Investor’s Alpha magazine. This year, about half of the top earners used computer-generated investing strategies to generate either all or a portion of their investment gains, including Ray Dalio, of Greenwich.
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