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...
by CDO Review Staff | Aug 8, 2019 | Asset Management and Trading
After training their AI-powered machine learning algorithm for a year, fund managers from China’s Zheshang Fund Management are ready to unleash their creation on the “wildest major stock market in the world.” Here is an excerpt from article published by Bloomberg:...
by CDO Review Staff | Aug 8, 2019 | Asset Management and Trading
Merely identifying undervalued stocks is no longer enough. It’s an approach that can be easily copied and rendered useless by its ubiquity. Growth–oriented investment philosophies offer a way out of the logjam. This is the contention of a new sports book written by...
by CDO Review Staff | Aug 8, 2019 | Asset Management and Trading
Former quant Bob Henderson tells a cautionary tale about how real life does not always hew to even the most well-constructed models. From Pocket: “The point of the story,” Rebonato continued, “is that you always come to data with a structural model behind”—meaning...
by CDO Review Staff | Aug 8, 2019 | Asset Management and Trading
Hedge funds are poking through all manner of alternative data like Twitter feeds, job postings, or Fitbit usage to gain that necessary trading edge that would spell success in tough markets. Hema Parmar filed this report for Bloomberg: “There is not one major hedge...
by CDO Review Staff | Aug 8, 2019 | Asset Management and Trading
Two Six Capital co-founder Sajjad Jaffer jokes that that last major technological innovation in private equity was the launch of the Excel spreadsheet. Six years later, Two Six Capital has been involved in over $27 billion worth of closed private equity transactions...
by CDO Review Staff | Aug 8, 2019 | Asset Management and Trading
Artificial Intelligence (AI) and machine learning algorithms are beginning to muscle out humans in devising investment strategies based on their ability to detect patterns and sniff out trends in real time. Lizzy Gurdus filed this report for CNBC: A.I. has even taken...
by CDO Review Staff | Jul 25, 2019 | Fraud
Seeking to realize savings of up to $2.4 billion, the Brazilian government has launched a raft of data-driven technological measures to combat fraud, particularly in its national social security system. These new anti-fraud initiatives aimed at introducing...
