New research shows AI-powered replication models track hedge fund performance with 89% accuracy—raising questions about fees, alpha, and the future of “2 and 20”.

From earnings call analysis to compliance stress tests, AI is reshaping hedge funds. But the real edge comes from building systems, not plugging tools.

Bubbles aren’t just noise. A new model shows how to price speculation, exploit the upside, and manage exits for better risk-adjusted returns.