Hedge Funds That Use AI Just Had Their Worst Month Ever

  • Machine-learning funds ‘played big role’ in correction: JPM
  • Correlation between AI funds, CTAs has risen in past year

Chalk one up for the humans.

Hedge funds that use artificial intelligence and machine learning in their trading process posted the worst month on record in February, according to a Eurekahedge index that’s tracked the industry from 2011. The first equity correction in two years upended their strategies as once-reliable cross-asset correlations shifted
Categories : Hedge Funds

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