Dr Richard Bateson is founder and Chief Executive Officer of is Bateson Asset Management ('BAM'). A boutique investment management company specialising in quantitative sustainable investing. BAM is located in London and regulated by the Financial Conduct Authority (FCA).
BAM was established late in 2016 to specialise in AI and Machine Learning strategies exploiting alternative data sources. The company invests in equity, currency and bond markets using cash and derivatives and acts as an advisor to funds and managed accounts for professional and institutional investors.
Dr Bateson is the former Head of Man AHL's Dimension fund and has held senior roles in several major investment banks including as Managing Director at the Royal Bank of Canada (RBC). He was a former physicist at Cambridge and CERN and holds a first class degree and a doctorate in Physics from Cambridge University.
He is an industry expert in AI and alternative data in financial markets, he hosts panels and is an invited speaker at major conferences in London and Europe on such matters.
Since 2017 Dr Bateson has been engaged as an expert witness on legal cases in the UK and US involving AI /systematic trading, hedge funds and financial markets. Notable successful public cases include;
(i) Bridgewater Associates vs Tekmerion (Minicone and Squire) for alleged misappropriation and misuse of proprietary investment technologies and
(ii) Tyndaris vs VWM, the UKs first major case involving AI/machine learning which featured as one of The Lawyer’s top 20 cases of 2020.
Since the end of 2019, Dr Bateson is also director and co-founder of TR Financial Planning Limited, a wealth advisor and associate partner practice of St. James’s Place, the UK’s leading financial advisor and FTSE 100 company.
He is the author of 'Financial Derivative Investments' (WSP 2011) and has also written many physics papers.