JPMorgan Builds AI Agents That Beat 60/40 Portfolio in Backtests

JPMorgan Chase tested artificial intelligence models that allocated investment portfolios in historical simulations. According to the bank, the AI agents outperformed a traditional 60% stocks and 40% bonds portfolio allocation in backtests. The specific performance metrics and time period of the backtests were not detailed. JPMorgan has been exploring AI applications across stock picking and risk management functions.

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