News Formal

Michael Jordaan-backed AI-powered investment company closes shop in South Africa

  • 📰 mybroadband
  • ⏱ Reading Time:
  • 11 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 67%

Headline أخبار

Michael Jordaan,NMRQL Research,NMRQL SCI Balanced Fund

AI-driven investment fund manager NMRQL has closed its South African offices and restarted as AI Asset Management.

AI-driven investment fund manager NMRQL has closed its South African offices and restarted as AI Asset Management.

The company said its asset allocation and stock selection were managed using machine-learning algorithms. “For machine learning to outperform, it ideally needs many liquid stocks to pick from,” Jordaan said.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 11. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Business Talk with Michael Avery – South Africa’s leading business podcastBusiness Talk with Michael Avery is South Africa’s premier business podcast and has featured the country’s most influential executives.
مصدر: BusinessTechSA - 🏆 24. / 61 اقرأ أكثر »