New Hedge Funds Next Year Will Embrace High Tech
A person inspects a Suzhou Pangolin Robot Corp. service robot 'Alice' at the International Robot Exhibition in Tokyo.
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
The hedge fund industry may be getting one step closer to its robot-guided future.
Seventy percent of new hedge funds that will start next year will include investment processes that use computer models, including artificial intelligence and machine-learning technologies, according to a prediction in a Deloitte report released Thursday. That’s a jump from 47 percent in 2015.