AlphaAgents: Large Language Model based Multi-Agents for Equity Portfolio Constructions
Tianjiao Zhao,
Jingrao Lyu,
Stokes Jones,
Harrison Garber,
Stefano Pasquali and
Dhagash Mehta
Papers from arXiv.org
Abstract:
The field of artificial intelligence (AI) agents is evolving rapidly, driven by the capabilities of Large Language Models (LLMs) to autonomously perform and refine tasks with human-like efficiency and adaptability. In this context, multi-agent collaboration has emerged as a promising approach, enabling multiple AI agents to work together to solve complex challenges. This study investigates the application of role-based multi-agent systems to support stock selection in equity research and portfolio management. We present a comprehensive analysis performed by a team of specialized agents and evaluate their stock-picking performance against established benchmarks under varying levels of risk tolerance. Furthermore, we examine the advantages and limitations of employing multi-agent frameworks in equity analysis, offering critical insights into their practical efficacy and implementation challenges.
Date: 2025-08
New Economics Papers: this item is included in nep-ain, nep-big and nep-fmk
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2508.11152
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