The president of one of the world’s largest hedge funds has told an audience of fund managers that he looks forward to the day when they will all be replaced by computers.

Finextra
Luke Ellis, president of Man Group, was speaking at the Fund Forum, the annual conference for the asset management industry where the concept of marrying human input with automation to create investment propositions had been discussed at length.

Ellis though suggested that the collaboration may not be necessary in the future and accused fellow fund managers of underestimating the influence that technology will have on the industry’s future development.

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Hedge fund boss welcomes day when computers take over

The president of one of the world's largest hedge funds has told an audience of fund managers that he looks forward to the day when they will all be replaced by computers.

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