Sat, Sep 22, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Opalesque Roundup: Hedge fund investors doubt artificial intelligence can be relied on for fundamental investing : hedge fund news, week 15.

Monday, April 16, 2018

In the week ending 13 March, 2018, participants at a recent Opalesque Roundtable in Connecticut explained how artificial intelligence and machine learning can offer meaningful assistance in speeding up a portfolio manager's information gathering and evaluation process, however at this time some believe the technology has not yet advanced to the point where you can rely upon it as a decision-maker within a fundamental discretionary strategy. Rick Doucette also said that the treasury function for any long/short fund has become increasingly more important since 2008 no matter the asset class.

In FinTech, George Soros made his move to invest in cryptocurrencies, and it also appears that the Rockefellers are moving into crypto via their venture capital firm Venrock. Mike Novogratz has lured Richard Kim from Goldman Sachs as his new chief operating officer for Galaxy Digital; Gemini said it would roll out block trading for bitcoin and ether starting later this week; Pantera Capital saw the value of its cryptocurrency fund cut nearly in half in March; a BarclayHe......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. The incredible shrinking hedge fund, For hedge fund stars, being right in 2008 proved to be a curse[more]

    The incredible shrinking hedge fund From Bloomberg: You'd be forgiven for thinking the hedge fund industry might be starting to rebound. Industry assets are at a record $3.2 trillion this year, and a brand-new ?rm just brought in an unprecedented $8 billion. But the reality isn't so rosy.

  2. Investing: Fiat Chrysler attracts more investment from hedge fund manager[more]

    From Autonews: Chase Coleman's Tiger Global Management has invested more than $1 billion in Fiat Chrysler Automobiles after more than doubling its position in the automaker since the end of June. The U.S. fund becomes the fourth biggest investor in the Italian American company. Tiger Global inc

  3. SWF: Saudi Arabia's sovereign wealth fund raises $11bn loan with 15 banks[more]

    From Reuters: Saudi Arabia's sovereign wealth has raised an $11 billion loan from a total of 15 banks, the Maaal financial news website reported on Tuesday, citing unnamed sources. A source with direct knowledge of the matter told Reuters last month that the Public Investment Fund (PIF) will p

  4. Hedge fund billionaire spells out America's worst nightmare, Sir Michael Hintze: Response to global financial crisis elevated populism[more]

    Hedge fund billionaire spells out America's worst nightmare From SMH: Billionaire hedge fund manager Ray Dalio effectively spelled out what doomsday looks like for the US on live television. The founder of Bridgewater Associates predicted the US economy is about two years from a downtur

  5. Lehman's carcass has handed huge profits to distressed funds[more]

    From Bloomberg: It was a bold move: buy at Lehman Brothers's darkest hour. But a decade after Lehman's collapse, a handful of hedge funds that bought up the bank's debt for pennies on the dollar have made even more money than seemed possible. More than $124.6 billion has flowed to Lehman credi