US EditionWisdomTree Takes Minority Stake in AlphaBeta ETF Ltd
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WisdomTree Takes Minority Stake in AlphaBeta ETF Ltd
The partnership aims to strengthen WisdomTree’s use of AI across research, index design and portfolio management, supporting its ambition to embed AI at the heart of its exchange-traded fund (ETF) business. The collaboration gives WisdomTree access to AlphaBeta’s technology, models, and research network, expanding its quantitative capabilities. The companies plan to create new investment strategies that blend the sophistication of hedge fund-st…
WisdomTree announced this November 3rd a minority investment but qualified as a "strategic" of $2.5 million in Israeli fintech AlphaBeta ETF. Specializing in quantitative strategies driven by artificial intelligence, AlphaBeta ETF will now work with the index fund provider to integrate more research and technology from AI into WisdomTree's investment process.
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