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BlackRock Is Cutting Jobs and Banking on Robots to Pick Stocks

3/30/2017

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Ed. Note: This article first appeared in Fortune BlackRock on Tuesday said it would overhaul its actively managed equities business, cutting jobs, dropping fees and relying more on computers to pick stocks in a move that highlights how difficult it has become for humans to beat the market. The world’s biggest money manager has faced


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via Tumblr BlackRock Is Cutting Jobs and Banking on Robots to Pick Stocks
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