#mutual-fund-management

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#ai-automation-in-finance #job-displacement-risk #algorithmic-trading-prediction
Artificial intelligence
fromEntrepreneur
2 weeks ago

AI Can Replace Mutual Fund Managers, Harvard Study Shows

AI can predict 71% of mutual fund managers' trades, threatening thousands of finance jobs, but managers with significant personal fund ownership remain less replaceable.
Artificial intelligence
fromFast Company
2 weeks ago

Harvard study shows AI stock trading rivals many picks made by fund managers

AI can predict 71% of mutual fund managers' trade directions, with higher accuracy for senior managers in less competitive categories, though predictability correlates with underperformance.
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