BlackRock Quants Sustain Record Losses in Setback to Fink Plan | International News Live Blog

https://internationalnewsliveblog.wordpress.com/2017/01/10/blackrock-quants-sustain-record-losses-in-setback-to-fink-plan/

Like so many fund titans these days, Laurence D. Fink is betting on machines to turn around BlackRock Inc.'s beleaguered stock-picking business. BlackRock's main quantitative hedge-fund strategies — which use computer models to sort through vast amounts of data to pick out patterns — were on track … http://internationalnewslive.com/blackrock-quants-sustain-record-losses-in-setback-to-fink-plan/