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Hedge Funds Excited On Machine Learning But May Not Understand

by businessinsider.com posted 2months ago 46 views
The number of hedge funds that say they use machine-learning or artificial intelligence has increased significantly over the past couple of years, with a survey from mid-2018 reporting that over half of respondents do. With increased interest in the field, investors have to be weary of funds jumping on the trend. A number of execs at big hedge-fund allocators said they had difficulty conducting due diligence on these funds.