US hedge funds set for $2.4bn technology spend

US hedge funds are set to spend $2.4bn on investment technology over the next three years, according to a new survey by PA Consulting, an industry consultancy.

Hedge fund managers told the firm they expected steady or accelerate growth in their $800m-a-year spend on investment process information technology over the next three years.

WSJ Logo
U.S.’s Biggest Asian Allies Ready Last-Ditch Trade Appeal to TrumpExternal link

U.S.’s Biggest Asian Allies Ready Last-Ditch Trade Appeal to Trump