Picton Plans More AI, Technology Hiring in Canadian Firm’s Growth Push

David PictonSource: Bloomberg

Canadian hedge fund manager David Picton says artificial intelligence will be a disruptive force for the money management industry, and his firm is looking to expand its technology capabilities as part of its growth plan.

“We have way more technology, programming, front-end developers than I would’ve ever thought — and we still need way more,” Picton said in an interview. “I think we’re all going to basically become technology companies over time.”