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Vanguard Quietly Embraces AI in $13 Billion of Quant Stock Funds

(Bloomberg) Vanguard Group, famous for its old-school investment ethos and reluctance to chase newfangled technologies like crypto, has been quietly using machine learning across several active stock funds with a combined $13 billion under management.Most Read from BloombergKing Charles Treated for Cancer in New Royal Health ScareXi to Discuss China Stocks With Regulators as Rescue Bets BuildWhy NYC Apartment Buildings Are on Sale Now for 50% OffWall Street Snubs China for India in a Historic

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Vanguard Quietly Embraces AI in $13 Billion of Quant Stock Funds

Vanguard Group added artificial intelligence to four so-called factor-based funds about a year ago just as the ChatGPT frenzy seized global markets.

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Vanguard Plans to Open a Miami Office for Offshore Latin America Wealth

Vanguard Plans to Open a Miami Office for Offshore Latin America Wealth
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Vanguard s Tax-Busting Fund Design Is Getting Its Latest Revamp

(Bloomberg) Vanguard Group has famously stood apart in the money-management world with its popular mutual funds offering the liquid ETF wrapper.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysGoldman Is Cracking Down on Employees That Aren't in Office Five Days a WeekBorrowers With $39 Billion in Student Loans Finally See ReliefStocks Fail to Catch a Bid Before Nvidia’s Results: Markets WrapNow, F/m Investments is bidding to create essentially the opposit

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Vanguard Gets Extra ETF Billions After Largely Shunning ESG

Vanguard benefited from being more exposed to fossil fuels than its peers.

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