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Computational biologist making waves as hedge fund quant

Monday, July 24, 2017 - 05:50

"It's not that you stick stuff in and have no idea what will come out, we do have parameters," said Mr Lun.

New York

HEDGE fund manager Desmond Lun's 21 per cent average return over the last four years springs from an unlikely source - a petri dish of algae.

Mr Lun, 37, is a new kind of quant, combining AI (artificial intelligence) wizardry with old-school biology to trade futures.

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