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Hedge Fund Investors Dump Humans for Computers, Still Lose

(Last Updated On: November 2, 2016)

 

Hedge Fund Investors Dump Humans for Computers, Still Lose

Maybe the computers were not programmed right ?

 

Steve Eisman, portfolio manager at Neuberger Berman, discusses the “massive changes” happening in the Hedge Fund industry. He speaks with Bloomberg’s Guy Johnson on “Bloomberg Surveillance.”

Losses at Leda Braga’s computer-driven hedge fund this year are running at about twice the level suffered by a macro fund run by billionaire Alan Howard. Yet, while Braga has raised money, investors have pulled billions of dollars from Howard’s fund.

To read the entire article, go to http://bloom.bg/2fEKERT

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