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.
In a world of AI-driven investing, asset owners will have a greater ability to identify alpha generators and sideline asset managers that cannot outperform, believe industry experts.
Artificial intelligence promises to be one of the most disruptive technologies in asset management in the next 10 years. If it doesn't live up to the hype it won't be for want of trying.
The sovereign wealth fund is coming to the end of a three-year upgrade of its own technology. Its next plan? Another multi-year focus to embrace cutting edge solutions.