by CDO Review Staff | May 31, 2019 | Asset Management and Trading
Just as the use of advanced analytics transformed baseball by challenging long-held beliefs and rewriting convention (Moneyball), the same revolution is also occurring in asset management where an evidence-based, data-centric mindset has taken root among asset...
by CDO Review Staff | May 31, 2019 | Asset Management and Trading
Financial services provider Axyon AI has hired Frank Abbenhuis as its new Chief Commercial Officer. Abbenhuis’ appointment is expected increase the company’s focus on AI and data-driven solutions for improving investment decisions. Here is an excerpt from a report...
by CDO Review Staff | May 31, 2019 | Asset Management and Trading
Computerized stock pickers could very well beat humans in the future. Witness what AI-driven machines have been able to accomplish in chess, at the very complex game of go, and even at the multitudinous choices present in StarCraft. But right now, despite serious...
by CDO Review Staff | May 31, 2019 | Asset Management and Trading
Over the last five years, hedge funds using AI and machine learning have turned in better returns that the average fund according to the Eurekahedge Index tracker. Billions of data points being processed in very large data sets seem to confer an edge and this is why...
by CDO Review Staff | May 31, 2019 | Asset Management and Trading
AI is going to transform the role played by buy-side analysts. AI makes searches easier. Patterns can be detected earlier. Such tools inform decision-making which is still the analysts’ ultimate duty. Juan-Carlos Rhodes writes about the brave new world facing buy-side...
by CDO Review Staff | May 31, 2019 | Asset Management and Trading
Back in January 2017, alternative data company Quandl combed through corporate aviation information and it noted that the Johnson&Johnson corporate jet had been parked near the headquarters of Actelion Pharmaceuticals for five days. This was just one week before...