For hedge funds, trade volumes have a substantial effect on investment returns
The timing of stock trades can be as important as the choice of equities to buy or sell. When trading volume is low, large purchases can drive up a stock鈥檚 price, raising costs for the trader.
AI can be a powerful tool for asset managers
Artificial intelligence isn鈥檛 a crystal ball, but it can analyze exponentially more data than any human can, and that has the potential to transform the financial services industry. 鈥淚t鈥檚 the most powerful tool I鈥檝e ever seen applicable to investments,鈥� says Professor Ruslan Goyenko in an interview with Benefits Canada.
FIRM Labs seeks to make AI tools more accessible to individual investors
Artificial intelligence (AI) has changed the way the way that equities are managed 鈥� but it has mostly been used by institutions. Prof. Ruslan Goyenko wants to change that. Goyenko is the Scientific Director of Finance Innovation and Risk Management (FIRM) Labs, which brings together financial economists and computer scientists to develop AI-driven portfolio management models that it will distribute to the public.
2019 SSHRC Grants awarded
Congratulations to the Desautels professors who received 2019 SSHRC Grants.
SSHRC Insight Development Grants
