In the Margins

New ETF lets robot pick stocks

October 20, 2017

By Reuters

The new AI Powered Equity Exchange-Traded Fund lets a robot pick the stocks in which it invests. Launched Wednesday, the ETF uses IBM Corp.’s Watson artificial intelligence technology to pick several dozen stocks with potential to beat the market, the fund’s backers say. Read the original story from Reuters.

 

 

Most Read

Top of the Agenda - Compensation
Fund CCOs continue to see pay increases

Mutual fund chief compliance officers saw notable increases in pay again in 2018, though they did not receive as big a pay bump as they did ...

10 Things
10 Things...to read in summer 2019

Hello, Summer 2019! Today's solstice marks the beginning of the season, and that—hopefully—means a slower pace for a few months. Trips to the beach, time on ...

A Seat at the Table
Invesco Funds board finalizes succession plans

The Invesco Funds board will name Christopher Wilson vice chairman at its June meeting, making him the heir apparent to long-serving independent Chair Bruce Crockett. Crockett ...