by CDO Review Staff | May 31, 2019 | Asset Management and Trading
AI-powered stock pickers are already operating in in the market and one of the most prominent is operated by EquBot, a San Francisco-based issuer of two Exchange-Traded Funds (ETFs). Equbot CEO Chida Khatua is all praises for his AI model which combines deep financial...
by CDO Review Staff | May 30, 2019 | AI, Asset Management and Trading
A Hong Kong tycoon who lost $20 million in a single day after he trusted the highly-touted abilities of an AI-powered robot hedge fund to manage his investments is now suing the Company who sold him on the idea. Samathur Li Kin-kan is suing Tyndaris Investments for...
by CDO Review Staff | May 30, 2019 | Asset Management and Trading
A 15-year veteran and former managing director of Goldman Sachs has left the firm for a second time. Quant developer Philip Hartley quit in May without announcing his plans for future employment. Beecher Tuttle filed this report published in efinancialcareers.com:...
by CDO Review Staff | May 30, 2019 | Asset Management and Trading
William McGhee, Natwest’s global head of machine learning and etrading quantitative analytics, is moving to Citadel as a senior quantitative researcher for the company’s global fixed income business. Sarah Butcher filed this report for efinancialcareers.com: McGhee...
by CDO Review Staff | May 30, 2019 | Asset Management and Trading
A controlling stake in financial news and data firm Acuris was purchased for $1.76 billion by the ION Investment Group, owner of the data provider Dealogic. Acuris owns the MergerMarket and Debtwire brands. Here is an excerpt from a report on Acuris published by...
by CDO Review Staff | Mar 25, 2019 | Asset Management and Trading
Seeking a way to improve investment performance, the Canada Pension Plan Investment Board (CPPIB) has placed its bets on alternative data. Geoff Zochodne explains how Canada’s biggest pension plan is hoping to boost the quality of and the returns from its investments...
