kaal:claim:3409548-005
Systematic, computer model driven funds do not reliably outperform human managed funds: research finds the typical systematic fund does not always perform as well as funds run by human managers.
Source quote, verbatim
However, according to research done by Preqin, the typical systematic fund doesn't always perform as well as funds operated by human managers.
From
Kaal, Financial Technology and Hedge Funds (2019), II. Financial Technology and Hedge Funds, p. 7
https://ssrn.com/abstract=3409548 · source PDF
Cite as
Kaal, Financial Technology and Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3409548
Holds when
Classification
failuresupport: evidencedfailure: Systematic underperformance versus human managersfamily: human-judgment-displacementai-and-agentsprivate-funds
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