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Vanguard quietly embraces AI in $13 billion of quant stock funds

Vanguard quietly embraces AI in $13 billion of quant stock funds
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Vanguard Quietly Embraces AI in $13 Billion of Quant Stock Funds

(Bloomberg) Vanguard Group, famous for its old-school investment ethos and reluctance to chase newfangled technologies like crypto, has been quietly using machine learning across several active stock funds with a combined $13 billion under management.Most Read from BloombergKing Charles Treated for Cancer in New Royal Health ScareXi to Discuss China Stocks With Regulators as Rescue Bets BuildWhy NYC Apartment Buildings Are on Sale Now for 50% OffWall Street Snubs China for India in a Historic

Vanguard makes quiet AI bet with $13B in quant stock funds

Vanguard makes quiet AI bet with $13B in quant stock funds
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