Brind.
  1. Investors are seeking ways to modernize asset management by integrating artificial intelligence into their operations.

Asset Managers Plan Increased AI Use in Portfolio Management

2 reports, 1 independent Updated Thu 00:00
No new developments lately Reached 2 outlets in its first 24 hours
Reports
2
Developments
1
Repetition
50%

New informationRepeats or wire copies

AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Mercer surveyed asset managers regarding their current use and plans for integrating artificial intelligence. The survey found that 91% of asset managers reported plans to increase their use of AI-based portfolio management tools this year. Currently, fewer than half-a-dozen ETFs rely solely on AI-powered bots for research and stock selection. The performance of these AI-only funds has reportedly beaten the market, despite having short track records.

From thehindubusinessline.com

Why it matters

Some supportBrind's analysis of the reports

AI is slowly integrating into the investment processes of most asset managers, moving beyond niche applications. This trend suggests a shift in how investment decisions are made, offering a third investment option where AI handles stock picking. The growing use of AI tools could change the operational costs and investment strategies within the industry.

Investors are seeking ways to modernize asset management by integrating artificial intelligence into their operations.

From thehindubusinessline.com

Who's involved

  • MercerConducted the survey on AI adoption among asset managers

Possible ripples

Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.

Keep exploring

Part of

Investors are seeking ways to modernize asset management by integrating artificial intelligence into their operations. All 1 developments

The entities involved

  • Mercer

    American global human resource and related financial services consulting firm

    Nothing else this week.

Coverage

Newest first; wire copies grouped
1 more outlet ran the same wire story