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 - Governance
Fund industry 'pioneer' Dorothy Berry dies

Long-serving independent director Dorothy Berry has died at 75. She was independent chair of Professionally Managed Portfolios and an independent director of PNC Funds who served ...

Top of the Agenda - Succession
Donohue joins two BNY Mellon Funds board groups

Andrew "Buddy" Donohue has joined two of the five BNY Mellon (formerly Dreyfus) mutual fund board groups led by long-serving independent Chairman Joseph DiMartino. Donohue resigned ...