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Hedge funds including Marshall Wace suffer losses in October's AI rout

By ChordNews · First written (updated )

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Summary

Hedge funds suffered losses during October's AI-driven market rout, with Marshall Wace among those hit, according to the Financial Times. The losses followed a Wall Street tech correction and bond market turbulence that sparked losses across the sector.

This continues an earlier story: Nasdaq falls as Amazon and Intel earnings deepen AI spending worries

Later: Crowded Hedge Fund Trades Unwind Fast After Rough October

Timeline

  1. Financial Times

    Source ↗

    The Financial Times reports that Marshall Wace was hit as hedge funds suffered losses in October's AI rout, which followed a Wall Street tech correction and bond market turbulence.

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