More Hedge Funds Using AI, Machine Learning

Posted by: Anu Chandra on

The use of artificial intelligence and machine learning is rapidly becoming widespread among hedge fund managers, if a recent poll by industry data firm BarclayHedge any indication.

Fifty-six percent of the survey’s respondents said they used AI or machine learning in their investment processes. Just 20 percent had said the same in a BarclayHedge poll last August.