Trust the machines? Funds run by artificial intelligence

Trust the machines? Funds run by artificial intelligence

6 years ago
Anonymous $cyhBy-qkd5

https://phys.org/news/2018-07-machines-funds-artificial-intelligence.html

ETF Managers Group and Ocean Capital Advisors launched an AI-powered fund last month dubbed the Rogers AI Global Macro ETF (BIKR) that invests primarily in single-country ETFs. The fund's AI sifts through millions of data points from countries around the globe and uses what it learns to determine how best to allocate the fund's holdings. (Humans carry out the trades, however.)

Does this approach work? Another AI fund launched last November by ETF Managers Group and Equbot shows some promise.