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World's First AI-Run Global ETF Makes Its Own Managers Nervous

  • Horizons Active AI Global Equity ETF debuts in Toronto
  • ‘We don’t know what the computer will do,’ Horizons exec says

The first global equity ETF run by robots made its trading debut even as its managers expressed anxiety about investing in an exchange-traded fund lacking the human touch.

“I’m going to be buying some but I’m buying it as a nervous investor myself," Steve Hawkins, co-chief executive officer of Horizons ETFs Management Canada, said before the Horizons Active A.I. Global Equity ETF began trading on the Toronto Stock Exchange Wednesday. "We don’t know what the computer will do."