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Hedge Fund Startup That Replaced Analysts With AI Beats the Market
A hedge fund startup that uses AI to do work typically handled by analysts has outperformed the global stock market in its first six months while slashing research costs. From a report: The Sydney-based firm, Minotaur Capital, was founded by Armina Rosenberg and Thomas Rice. Rosenberg previously man...
A hedge fund startup that uses AI to do work typically handled by analysts has outperformed the global stock market in its first six months while slashing research costs. Rosenberg previously managed a global equities portfolio for tech billionaire Mike Cannon-Brookes and ran Australian small-company research for JPMorgan Chase & Co. when she was 25. Minotaur is among a growing number of hedge funds experimenting with ways to improve returns and cut expenses with AI as the technology becomes increasingly sophisticated.
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