CP Fund to gain edge with human plus AI approach

This advanced technology approach seems to be paying off, with Tan’s CP Multi-Strategy Fund recording a cumulative return of 50.73 with no losing year since deploying AI-assisted strategies in September 2013, according to latest data from ratings agency MorningStar.

THE hottest trend in finance right now is the rise of quantitative investing or funds, which rely on fast computers, complex algorithms and artificial intelligence (AI) to beat the markets. 

Some of the industry’s most successful and recognised quantitative hedge funds include Renaissance Technologies, Two Sigma and D.E. Shaw.