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Notices
AP
Antonella Puca (not verified)
13th June 2018 | 10:59am

Hi Marin, thanks for your attention and for your question. Michael notes that they don't consider AI models as black boxes because they are generally understandable, i.e. either fundamentally driven or technically driven, just as discretionary funds are. One needs to do attribution analysis on them just as one would for discretionary funds. As part of its process, MOV37 has a team of experts (mostly MIT PhDs) that has developed tools suitable for an attribution analysis of this kind. To protect proprietary information, MOV37 typically would sign an NDA. The managers give MOV34 their portfolios real time or on a lagged basis and MOV34 has very good transparency into their trades and attribution. I hope this helps.