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Placing faith and funds in wisdom of a robot

A growing number of investors are leaning on algorithms to sort the wheat from the chaff from mountains of data.
Saturday, April 16, 2016 - 05:50

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AGE OF THE ROBO-ADVISER: Arabesque's Andreas Feiner takes into account environmental, social and governance factors when deciding on which company to invest in for his clients. The data is fed to an algorithm which selects the firm most likely to succeed.

New York

CRACKER Barrel Old Country Store, the company behind a chain of down-home restaurants, might not seem an obvious model for advanced financial technology. Its speciality is vintage: vintage food and, in its gift shops, vintage toys and vintage music in the form of hymnal CDs.

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