MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

Investment Technology Group (ITG) has taken a minority stake in Clearwater, Fla.-based Advanced Investment Technology (AIT), a quantitative investment firm and user of artificial intelligence and neural network technology. AIT has some $650 million in assets under management.

Analytical commentary provider IDEA--which until now has exclusively distributed its service over Reuters--has begun sending its information over Bridge, with Dow Jones Telerate to follow early next year. Reuters had

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