Wolfe aims to shake up research with AI push

Mifid II and the rise in computing power is helping boutique shops challenge the banks

Artificial intelligence

He was ranked number one quant researcher in Institutional Investor’s all-America analyst survey from 2011 to 2016. But after almost seven years at Deutsche Bank, Yin Luo left in September, followed by most of his team.

They left not to start a hedge fund, or to join another investment bank, but to write equity research for Wolfe Research, a boutique research firm whose traditionally fundamental analysts cover 240 stocks.

The move was a big one for Wolfe, which has a staff of about 100. Luo is