Hedge Fund Strategies: The Incorporation of AI
The Tesla stock forecast was written by Hugh Camiener, Analyst at I Know First. Bachelor of Arts candidate at Columbia University.
Summary
- Hedge funds are a type of investment that uses collective funds to generate high returns for their investors.
- Currently, there are over 10,000 different hedge funds who manage around $3 Trillion in assets over a multitude of different sectors.
- AI Can give hedge funds a competitive advantage, analyzing numerous amounts of data beyond human comprehension.
- Hedge funds incorporating AI had returns of 34% over three years, in comparison to 12% for those who did not.
- I Know First’s Algorithm is perfectly suited for large financial institutions like hedge funds.
