AI key for third wave of hedge fund managers

Posted by: Anu Chandra on

Veteran hedge fund seeder Jeffrey Tarrant is betting that a new generation of hedge fund managers proficient in machine learning processes will outperform and grow faster than those using traditional discretionary approaches.

“Artificial intelligence will fundamentally change investment management,” professed Mr. Tarrant, CEO and chief investment officer of Protege Partners LLC, which manages $800 million in emerging hedge fund seeding strategies.

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