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