Artificial intelligence programs increasingly help fund managers run their portfolios, but will they be good enough to replace them?

"Artificial intelligence is taking on a bigger role in making investment decisions.

A.I., including an ability to analyze data and actually learn from it, is considered useful in executing certain investing models, such as high-frequency trading, and in helping fund managers with tasks that rely on gathering and interpreting reams of information. Going a step further, an exchange-traded fund introduced in October uses A.I. algorithms to choose long-term stock holdings...

Artificial intelligence programs increasingly help fund managers run their portfolios, but will they be good enough to replace them?

"Artificial intelligence is taking on a bigger role in making investment decisions.

A.I., including an ability to analyze data and actually learn from it, is considered useful in executing certain investing models, such as high-frequency trading, and in helping fund managers with tasks that rely on gathering and interpreting reams of information. Going a step further, an exchange-traded fund introduced in October uses A.I. algorithms to choose long-term stock holdings...