Investment - Articles - Impact of AI on Asset Management


New report from XPS Group, a FTSE 250 pensions and insurance consultancy, titled The Impact of AI on Asset Management.

 Based on a survey of 76 asset managers, overseeing £34 trillion in global assets, the report highlights a major shift: generative AI is no longer confined to back-office tasks, it’s now actively being used to drive investment decisions and research amongst many asset managers.

 Key findings include:
 • AI in decision-making: 9% of fund managers using generative AI to inform investment decisions, with 34% using it in research.
 • Efficiency versus risk: half of managers are using generative AI to enhance efficiency and reduce costs but the extent of use also raises concerns around data quality and systemic vulnerabilities.
 • Looking ahead: AI adoption is expected to expand rapidly, with between 20-30% of respondents actively developing their capabilities across each of the areas surveyed.

 XPR Report on The Impact of AI on Asset Management

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