Hedge Funds Algorithms, Quant Bets Gaining Popularity in China bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Hedge funds that deploy a basket of computer algorithms for trading are gaining popularity in China after many investors got burned by human stock pickers.Most Read from BloombergTucker Carlson's Fox Defense Crumbled When He Took MillionsXi Tells Blinken ‘Very Good’ That Progress Made on US-China TiesGlobal Stocks Slip on Worry Rally Looks Exhausted: Markets WrapMass Immigration Experiment Gives Canada an Edge in Global Race for LaborIndiGo Makes Record 500-Plane Order With Airbus