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Hedge Fund Startup That Replaced Analysts With AI Beats the Market

Hedge Fund Startup That Replaced Analysts With AI Beats the Market

(Bloomberg) — A hedge fund startup that uses artificial intelligence to do work typically handled by analysts has outperformed the global stock market in its first six months while slashing research costs.

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The Sydney-based firm, Minotaur Capital, was founded by Armina Rosenberg and Thomas Rice. Rosenberg previously managed a global equities portfolio for tech billionaire Mike Cannon-Brookes and ran Australian small-company research for JPMorgan Chase & Co….

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https://finance.yahoo.com/news/hedge-fund-startup-replaced-analysts-190000014.html

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