Quant fund investing in humans not algorithms
FT Alphaville
While the AI discussion tends to revolve around machine replacing man, Two Sigma is doing just the opposite: investing in human talent. Read More
Bloomberg’s terminal makes a comeback
Quartz
Two Sigma must be onto something. Amid the supposed disappearance of human traders, terminal subscription growth suggests otherwise. Read More
How far will AI go?
Bloomberg
Today’s small group of fully automated AI strategies are off to a middling start, underperforming relative to the S&P. But that is poised to change. Read More
Hiking pay for junior hedge fund employees
eFinancialCareers
The buy-side is redistributing wealth in what is being dubbed the “juniorisation of the trading floor”. Read More
The data economy gets a boost
The Register
Chief Data Officers are now on the hook for revenue generation and value creation, leading to increasing sophistication in their skillsets. Read More
Everyone’s a quant
Institutional Investor
Hyperplane invests $2.4M in start-up Elsen, a machine-learning company hoping to make it easy for non-quants to test and discover new investment strategies. Read More
New data product from M Science
M Science
M Science launches its Alibaba ad-spending data product, an in-depth, near real-time view of top revenue-driving metrics for the Chinese juggernaut. Read More
Day one of Newsweek conference
International Business Times
Ian Allison summarizes the first day of the Newsweek conference, in case you missed it. Read More