mlsanityData to 14 Oct 2026

NextFund: A Unified Performance Tracking Platform for Agentic Portfolio Management

arXiv 2607.11141 ↗First posted 13 Jul 2026cs.AIcited by 0

On the map: LLM agents and tool use → Financial trading and forecasting agents

Abstract (arXiv)

Large language models (LLMs) based agents are beginning to participate in portfolio construction and market analysis, where decisions must be justified under evolving information and risk constraints. Current assessment practice, however, remains poorly aligned with this setting: many studies rely on static examinations or report only terminal portfolio returns, while the intermediate evidence, analyst judgments, and execution steps that produced those returns stay largely invisible. We introduce NextFund, an evaluation platform that makes financial-agent behavior observable under live market conditions. The platform couples time-consistent market access, coordinated multi-agent analysis, and persistent logging of the full decision path from observation to trade. Through an interactive Trading Arena, users can compare models across markets, inspect equity curves, and drill from leaderboard outcomes down to individual justifications. We present NextFund on Hong Kong, U.S., and China A-share equities, illustrating how inspectable decision histories enable fairer benchmarking and more actionable diagnosis. Our demo is available at https://paradoox.cn/nextfund/.

Key facts. No citing papers in the map yet (data through 14 Oct 2026). Placed in Financial trading and forecasting agents, one of 16 directions in LLM agents and tool use. Builds on 14 of its 26 references that are in the map. First posted on arXiv 13 Jul 2026.

Builds on

14 of 26 references.

Closest ancestors · 4

Same direction, newest first

  1. 2025StockBench: Can LLM Agents Trade Stocks Profitably In Real-world Markets?2 Oct
  2. 2024TradingAgents: Multi-Agents LLM Financial Trading Framework28 Dec
  3. 2024INVESTORBENCH: A Benchmark for Financial Decision-Making Tasks with LLM-based Agent24 Dec
  4. 2023FinMem: A Performance-Enhanced LLM Trading Agent with Layered Memory and Character Design23 Nov

Other references · 10

  1. 2023BloombergGPT: A Large Language Model for Financecited by 939
  2. 2023FinanceBench: A New Benchmark for Financial Question Answeringcited by 270
  3. 2023PIXIU: A Large Language Model, Instruction Data and Evaluation Benchmark for Financecited by 222
  4. 2024A Survey of Large Language Models in Finance (FinLLMs)cited by 79
  5. 2021FinRL: Deep Reinforcement Learning Framework to Automate Trading in Quantitative Financecited by 58
  6. 2025TwinMarket: A Scalable Behavioral and Social Simulation for Financial Marketscited by 48
  7. 2025AI-Trader: Benchmarking Autonomous Agents in Real-Time Financial Marketscited by 25
  8. 2025Time Travel is Cheating: Going Live with DeepFund for Real-Time Fund Investment Benchmarkingcited by 21
  9. 2025FinTrust: A Comprehensive Benchmark of Trustworthiness Evaluation in Finance Domaincited by 8
  10. 2026CN-Buzz2Portfolio: A Chinese-Market Dataset and Benchmark for LLM-Based Macro and Sector Asset Allocation from Daily Trending Financial Newscited by 1

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Similar, not cited

Close in wording, no citation either way

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  3. 2026From Knowing to Doing: A Memory-Controlled Benchmark for LLM Trading Agents on Stock Markets
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  5. 2025LiveTradeBench: Seeking Real-World Alpha with Large Language Models
  6. 2026LiveOption: Evaluating LLM Agents in Structured Option Trading with Nonlinear Payoffs
  7. 2026Toward Expert Investment Teams:A Multi-Agent LLM System with Fine-Grained Trading Tasks
  8. 2026OpenFinGym: A Verifiable Multi-Task Gym Environment for Evaluating Quant Agents