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A New Breed of FX Hedge Fund
There is a new breed of hedge funds that are using artificial intelligence (AI) tools to trade the currency markets. Galen Stops takes a look at a few of these emerging funds. “AI has become a catch-all phrase, everybody and their grandma wants to use it now because it's a buzzword,” says Damien Loh, the CIO at Ensemble Capital, a Singapore-based hedge fund. With an academic background in computer science, Loh spent 15 years at JP Morgan before launching Ensemble Capital in 2017 alongside Atsuo Ogaki, the former head of FX at Nomura in Tokyo and 22-year veteran of JP Morgan.

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