The spread of central bank digital currencies could well complement and expand the tokenisation of other assets and the proliferation of digital bonds, say investment executives.
Central bank digital currencies are seen as more stable than Bitcoin, but they are not likely to be traded the way cryptocurrencies or forex are.
The need for professionals to adapt to a virtual contact environment has become prevalent across the investment industry. Firms that adapt fastest may benefit the most.
Artificial intelligence could revolutionise actively managed funds, but it cannot expand until regulators accept them and they build multi-year track records, say advocates.
As part of their new advisory powers, asset managers are looking to provide a broader digital platform to compete with the disrupters.
Although AI is seen as an opportunity to tap new investment and client opportunities, it could also be a minefield if the safeguards are insufficient, a new study suggests.