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

Back to Index


Similar News to this Story

Frozen thresholds will drag 18m into paying income tax
New freedom of information data from HM Revenue and Customs (HMRC), obtained by Quilter, the financial adviser and wealth manager, reveals the freeze
Scottish Friendly appoint Schroders as investment partner
Schroders have announced it has been appointed by Scottish Friendly as its new investment management partner for a £2.1 billion multi-asset and insura
Just Group complete buyin for South East Water Pension
Secures the benefits of around 700 pensioner and dependent members and almost 300 deferred members. Second transaction to complete objective of guaran

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.