Funds Using AI and Machine Learning Had Worse than Random Performance in 2019

AI and machine learning funds rose 6.4% in 2019, according to popular gauge. As shown in the article, these funds performed worse than random traders. We list a few possible reasons for these disappointing results.

According to Eurekahedge, AI and machine learning funds rose 6.4% in 2019 while the S&P 500 index rose 28.9% and 31.5% on a total return basis. Read More

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