Nine out of ten hedge fund traders will use artificial intelligence to achieve portfolio returns during 2023, according to a new survey of the top 50 hedge fund managers carried out by London-based market intelligence specialist Market Makers. 

Nine out of ten hedge fund traders will use artificial intelligence to achieve portfolio returns during 2023, according to a new survey of the top 50 hedge fund managers carried out by London-based market intelligence specialist Market Makers. 

According to Market Makers, using AI to analyse trades has become increasingly commonplace at Jane Street, Barclays, HSBC, Apollo, Bridgewater & associates.

AI engineer Matt Forbes says: "AI has the potential to fundamentally change the way investing works, and could solve a lot of the problems that have caused investors to lose money in the past. 

"Ai excels at one thing humans do poorly, that is pattern recognition. There would be no need to spend hours researching which currencies or stocks to trade. Ai would decide everything for you, freeing up valuable time. It could also reduce any human biases in investing."