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Main Authors: Zhao, Tianjiao, Lyu, Jingrao, Jones, Stokes, Garber, Harrison, Pasquali, Stefano, Mehta, Dhagash
Format: Preprint
Published: 2025
Subjects:
Online Access:https://arxiv.org/abs/2508.11152
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author Zhao, Tianjiao
Lyu, Jingrao
Jones, Stokes
Garber, Harrison
Pasquali, Stefano
Mehta, Dhagash
author_facet Zhao, Tianjiao
Lyu, Jingrao
Jones, Stokes
Garber, Harrison
Pasquali, Stefano
Mehta, Dhagash
contents 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.
format Preprint
id arxiv_https___arxiv_org_abs_2508_11152
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle AlphaAgents: Large Language Model based Multi-Agents for Equity Portfolio Constructions
Zhao, Tianjiao
Lyu, Jingrao
Jones, Stokes
Garber, Harrison
Pasquali, Stefano
Mehta, Dhagash
Statistical Finance
Artificial Intelligence
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.
title AlphaAgents: Large Language Model based Multi-Agents for Equity Portfolio Constructions
topic Statistical Finance
Artificial Intelligence
url https://arxiv.org/abs/2508.11152