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In the week ending 14 July, 2017, in FinTech, a report by Jefferies pointed to a chart from Google Trends as a visualisation how interest in "data science" has dramatically outpaced searches and interest for "hedge funds". This is further backed by the newest Credit Suisse where 81% of polled allocators indicated to invest into hedge funds during the remainder of the year, and 57% of them intending to "significantly" (5%) or moderately (52%) shift more money to quant and systematic strategies until 2020 or 2022. The Boston Consulting Group believes asset managers that are able to take advantage of AIs will be in the best position to thrive in a future marked by lower fees and weaker fund flows. The technology is predicted to help firms improve performance and invent better client-service models while keeping costs under control. However, most asset managers would at best still be in an experimenting phase with the technology.

Numerai's unique AI crowdsourcing token, Etherum, has spawned a multitude of trustless, decentralised applications; the initial coin offering or ICO is the next big thing in the cryptocurrency space; Daniel Masters said that ICOs is already showing signs of significant advances in fundraising; and Liew Nam Soon said that Singapore should see digital advisers proliferate once a new framework is in place.

Ahmet Arinc is preparing to launch his own hedge fund with at least $100m in initial capital; Altavista Investment Management has announced the launch of a new fund, the Altavista Capital India Long Only Fund; Tages Capital has partnered with Atreaus Capital to launch of the Tages Atreaus Macro UCITS Fund; at least 15 new hedge funds were launched because of......................

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