Marshall Wace hit as hedge funds suffer in October’s AI rout
Wall Street’s tech correction and bond market turbulence spark losses for sector
We haven't written up this one. Financial Times has the full story — the link below goes straight to it.
What's breaking now, across thousands of outlets.
Wall Street’s tech correction and bond market turbulence spark losses for sector
We haven't written up this one. Financial Times has the full story — the link below goes straight to it.
DE Shaw has grown its assets under management to a record $125bn as it expands its artificial intelligence capabilities, introduces new investment strategies and adjusts its fee structure to compete…
Sometimes the smartest approach to AI is knowing when a simpler tool works better.
Great links, images, and reading from Chartbook Newsletter by Adam Tooze
The programme builds on a cloud-based foundation for building operations deployed in 2023
Many of the world’s biggest hedge funds extended their losses last month, as a sell off in technology stocks, a government bond meltdown and Brazil’s shock election combined to deliver widespread…
There have been a series of papers published recently that showed that large language models have their own biases when making investment recommendations.