Hedge Fund Turns Kyoto Temple Into AI Lab to Incubate Managers
- GCI seeking to replicate success of top-ranked Japan fund
- Robots outperform humans this year, Eurekahedge data shows
This article is for subscribers only.
Japan’s top-performing quantitative hedge fund is setting up an artificial intelligence research facility in Kyoto.
GCI Asset Management Inc., which manages $1.2 billion, aims to develop new investment models by bringing big data and artificial intelligence together in a temple it is refurbishing in Kyoto. Founder and Chief Executive Officer Hideki Yamauchi’s goal is to replicate the success of the GCI Systematic Macro Fund, which has gained 36 percent this year to rank as the top performer among Japan hedge funds tracked by Eurekahedge Pte.