Darwin on the dealing desk

New Angles

Financial Labs, a Massachusetts-based alternative investment firm, has claimed a radical advance in bringing science to investment with its new managed account product. “Other firms have built systematic currency trading models, but their statistical reliability has often been questionable,” says Aaron Sokasian, Financial Labs’ chief executive. “We’re bringing scientific rigour – genetic programming – to the process.”

This sophisticated technique applies ideas from biological evolution to solve c

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