AI Can Manage Your Mutual Fund - Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Ishan Also lease accounting, AI scare trades, Terra vs. Jane Street, Blue Owl liquidity and AI blackmail. Translate For a while, the way normal people invested in stocks was through actively managed mutual funds. People would pool their money and give it to a skilled professional, who would buy and sell stocks to try to generate a return for the investors, and would charge a nice fee for her efforts. Then some finance academics came along and spoiled the party. They said something to the effect of: “Look, you could just invest in the whole stock market. Buy every stock in proportion to its market capitalization, and you will get the market return. You won’t have to pay a nice fee to a professional manager, which will save you

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Ishan Also lease accounting, AI scare trades, Terra vs. Jane Street, Blue Owl liquidity and AI blackmail. Translate For a while, the way normal people invested in stocks was through actively managed mutual funds. People would pool their money and give it to a skilled professional, who would buy and sell stocks to try to generate a re