by CDO Review Staff | Aug 28, 2019 | Asset Management and Trading
When it comes to explaining a big 3 percent drop in the S&P 500 in August, the computers were an easy target. JP Morgan’s top trader Marko Kolanovic blamed the trading algorithms employed by many firms. Here is an excerpt from an article in Chief Investment...
by CDO Review Staff | Aug 28, 2019 | Asset Management and Trading
AI-driven trading algorithms have their champions but QMA Asset Management CEO Andrew Dyson is not one of them. Dysons says what while QMA is exploring the use of such AI trading software he doubts that usable trading signals could be deduced from these algorithms....
by CDO Review Staff | Aug 9, 2019 | Asset Management and Trading
Despite nearly doubling its AI spending in the past year, experts contend that the fund management industry is still lagging far behind other sectors in deriving benefits from AI technologies. Emily Horton filed this report for FNLondon.com: Speakers at Financial...
by CDO Review Staff | Aug 9, 2019 | Asset Management and Trading
AI may look like a quick fix to many managers who may not really know what they are doing. But AI isn’t a magic elixir to improve your fund’s performance. Angelo Calvello and Leo Svoboda tells a cautionary tale of AI in this article published in...
by CDO Review Staff | Aug 8, 2019 | Asset Management and Trading
David Fellah, former trading analytics chief at ITG, has been hired by Instinet to lead its international quantitative trading research and execution consulting for Europe and Asia. Fellah will report to Instinet Europe CEO Richard Parsons. Hayley McDowell filed this...
by CDO Review Staff | Aug 8, 2019 | Asset Management and Trading
Data analytics firm Cloudera is in trouble with its stock price falling by 40% so far this year but investor Carl Icahn believes a comeback is possible. His Icahn Capital announced it has taken a 12.6% stake in the firm. Here is an excerpt from an article published in...