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June 12, 2019  

Weiss Uses Algorithm on Recruits

Weiss Multi-Strategy Advisers has expanded the use of data analytics in evaluating new recruits.The move is aimed at improving the efficiency of the $1.9 billion firm’s hiring process as it attempts to double its assets by yearend. The operation currently employs 60 investment professionals across 20 market-neutral trading teams, and is set to expand that number to 22 as recent hires arrive in the coming months.The data-analytics play comes...

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