AsianInvesterAsianInvester

GPIF puts funds under an AI microscope

The world’s largest pension fund has introduced AI to help it better scrutinise its asset managers. That will force them to raise their game too.
GPIF puts funds under an AI microscope
The proper selection and monitoring of fund managers is one of the most important tasks of Japan’s Government Pension Investment Fund (GPIF). Its approach depends on the track records and qualitative explanation of candidates and commissioned fund managers. This can be improved with the use of artificial intelligence (AI). In its 2016 fiscal year annual report, GPIF said that excess earnings from active funds had disappointed over the previous 10 years, while it had paid ¥70.9 b…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.