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AI and machine learning spell radical changes for traders, asset management

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Seth Merrin, founder and chief executive of Liquidnet, says active managers have undershot their benchmarks over the last 10 or 15 years.

Singapore

ARTIFICIAL intelligence and machine learning are set to shake up traders' jobs by enabling them to generate their own alpha, boosting fund managers' returns in today's asset management industry, currently under pressure to justify fees with outperformance.

That's

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