A good overview of the quantitative fund management.
portfolio management - Which algorithms do robo-advisors use? - Quantitative Finance Stack Exchange: "Wealthfront modifies historic asset-class returns with current market implied expected returns (Black-Litterman) as well as with the in-house views of Chief Investment Officer Burton Malkiel’s team. In addition, Wealthfront sets minimum and maximum weights for each asset type. The resulting portfolio has an unmistakable Malkiel flavor to it, with an emerging market allocation that reflects his interest in China."
'via Blog this'