London CNN —
The head of one of the world’s biggest hedge funds says artificial intelligence systems are unlikely to replace traders anytime soon.
London-based Man Group, whose assets under management hit an all-time high of $178.2 billion during the first six months of the year, makes its money by charging investors management and performance fees.
That figure climbed by 54% between 2018 and 2023, even as the firm’s average number of employees rose by just 30% — thanks in part to its use of technology.
Robyn Grew, the first woman to lead the
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