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

A Seat at the Table
We've had A Seat at the Table — for 10 years

The very first independent chair we profiled for FBV was Leigh Wilson at Victory Funds, for our A Seat at the Table section. Victory Capital Management had recently redefined itself ...

Top of the Agenda - Governance
Fewer women, minorities among new fund directors

After years of making gains in filling fund board seats, women and individuals representing minority groups lost significant ground in the most recent two-year period measured ...