López De Prado Launches ML Firm To Tackle Hedge Fund Underperformance, Fees
machineByte (09/23/19): “Marcos López de Prado has founded a firm that develops machine learning-based investment strategies for institutional investors to deploy in-house, effectively bypassing capabilities offered by traditional asset managers.”
Some quant shops doomed to ‘struggle’ — Lopez de prado
Risk.net (09/19/19): “Quant shops that stick too stubbornly to theory when devising strategies will trail behind maths-driven “empiricists” who analyse data with no preconceptions. That’s according to Marcos López de Prado, the former head of machine learning at AQR and founder of a new venture that aims to disrupt the traditional quant asset management business.”
A conversation with “quant of the year 2019” marcos lopez de prado
QuantMinds (09/05/19): “Marcos López de Prado has been named “Quant of the Year 2019” by The Journal of Portfolio Management, for his numerous contributions to the field of financial machine learning. He has just launched “True Positive Technologies,” a firm that develops machine learning algorithms for institutional investors. We sat with him to discuss the state of quant.”
Fund industry must use the right type of machine learning
The Financial Times (01/29/19): “We need ML to develop better financial theories and we need financial theories to restrict ML’s propensity to overfit. Without this theory-ML interplay, investors are placing their trust on high-tech horoscopes.”
Marcos lopez de prado named “quant of the year 2019”
The Journal of Portfolio Management (01/29/19): "Dr. Lopez de Prado has published an extensive body of academic work that has fostered the adoption of machine learning techniques in finance. He has also been a vocal advocate for the responsible use of machine learning algorithms in finance."
Welcome the new AI investment overlords
Reuters (12/27/18): "Hedge fund AQR recently hired prominent data scientist Marcos Lopez de Prado to spearhead its machine-learning efforts."
THE BIG PROBLEM WITH MACHINE LEARNING ALGORITHMS
Bloomberg (10/09/18): "It takes a deep knowledge of the markets to apply machine learning successfully to financial series,” López de Prado says."
AQR HIRES HEAD OF MACHINE LEARNING
Pensions and Investments (09/12/18): "With a distinguished academic background and values consistent with ours, we look forward to partnering with Marcos to enhance our machine learning initiatives," said David G. Kabiller, co-founder, in the release."
Why banks like Barclays are testing quantum computing
American Banker (07/16/18): "True Positive Technologies, which creates investment strategies for institutional investors with the use of machine learning, has been working with quantum computers since 2014 for portfolio optimization and scenario simulations."