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Wired Notices AI Hedge Funds, But How “New” Is New?

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Mark Melin
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AI Hedge Funds ...... New types of algorithmically-based strategies are being developed, but the real question becomes how “new” is new? New strategies are being executed by computers, but how, exactly, these computer-based programs create an all-new investment thesis remains unclear and their performance remains untested.

Wired Notices AI Hedge Funds, But How "New" Is New?
Source: Wikimedia Commons

Algorithmic investing and AI hedge funds becoming all the rage

A Wired magazine piece notes the development of investment strategies using artificial intelligence and “deep learning” mechanisms. Citing both new and existing alternative fund managers such...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.