An AI-focused ETF from a hedge fund vet gains attention by soaring 60%

An AI-focused ETF from a hedge fund vet gains attention by soaring 60%

When Ivana Delevska launched her fund in August 2021, she had a sense that artificial intelligence would be huge. A hedge fund veteran, having worked at Citadel, Millennium and Tiger Management, Delevska specializes in the industrial sector, communicating with more than 100 companies she covers. By figuring out where companies were investing their dollars, she …

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ARK says it’s a unique time to invest

ARK says it’s a unique time to invest

ARK Invest’s chief futurist lists five groups that should give tech investors an edge. According to Brett Winton, robotics, artificial intelligence, multi-omics sequencing, public blockchain and energy storage are key areas because they’re all entering the marketplace at the same time. “We believe that this is a unique time in technological economic history,” he told …

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Korean conglomerate LG and Qraft combine AI and asset management in this ETF

Korean conglomerate LG and Qraft combine AI and asset management in this ETF

South Korean conglomerate LG and Qraft Technologies partnered to launch an exchange traded fund that uses artificial intelligence to take investors’ emotions out of the stock-picking process. The LG Qraft AI-Powered U.S. Large Cap Core ETF (LQAI) , which debuted in early November, marks LG’s first step into tapping its AI technology for financial markets. …

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