Global Asset Management Builds Technology To Manage Money

THIS WEEK'S LEAD STORIES

A fledgling money management firm in Princeton, New Jersey, is betting that advanced technology will help bring its clients annual returns on investment of well over 30%. First Global Asset Management Inc., founded in September, is building its own database to manage global financial information on a real-time basis; proprietary econometric models; and an expert system that the firm's partners hope will function as a "computerized trader."

"We look at technology as an extremely efficient and

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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