More Hedge Funds Using AI, Machine Learning

(Institutional Investor) A majority of hedge fund professionals surveyed by BarclayHedge said advanced quantitative methods played a role in their investment process.The use of artificial intelligence and machine learning is rapidly becoming widespread among hedge fund managers, if a recent poll by industry data firm BarclayHedge any indication. Fifty-six percent of the survey’s respondents said they used AI or machine learning in their investment processes. Just 20 percent had said the same in a BarclayHedge poll last August.

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