Acadian Taps Microsoft for Predictive Signals
Boston-based quantitative fund manager Acadian Asset Management’s recently announced partnership with Microsoft will see the firm implement a combination of trading signals received from Microsoft’s Bing Predicts tool with its own predictive analysis to augment its investment forecasting frameworks. Joanne Faulkner talks to the firm about its hopes for the future of the project.
The firm is now looking to harness data from Bing Predicts, a prediction engine developed by Microsoft that produces signals of economic activity derived from aggregated internet search and social activity.
Acadian is the first investment manager to partner with Microsoft in this capacity, and the two will now look to “leverage each other’s capabilities,” Stever says. “Our intention is to develop novel and exclusive investment signals with them.”
Microsoft knew it had the ability to deliver
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