How good is artificial intelligence at managing money? To judge by the recent performance of some AI-driven strategies, it doesn’t look like the robots are going to take over from the humans anytime soon.
In August 2018, a quantitative team at Aberdeen Standard Investments started a $10 million Artificial Intelligence Global Equity Fund, betting that an algorithm can be more effective at figuring out the complex world of factor investing than a human portfolio manager. A year later, the ..
