Daily AI Updates
Bloomberg via Yahoo Finance ·
China's AI quant funds are trouncing human stock pickers
Wortins’ read
Chinese retail investors have traditionally worshipped star fund managers the way Americans worship star CEOs, so a 20 point performance gap in favor of machines is a real cultural shift, not just a market statistic. It is also a preview of what happens once AI trading tools become good enough that a manager's track record simply cannot compete on a level playing field. Expect the same pattern to show up in other markets once the tooling and data access catch up.
Source: Bloomberg via Yahoo Finance
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