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

Pensions can help HENRYs take control
Growing numbers of HENRYs – High Earners, Not Yet Rich - are finding six-figure salaries don’t stretch as far as expected. With less than six months t
FCA secures USD 101 million redress for BlueCrest investors
The Financial Conduct Authority (FCA) has secured USD 101 million in redress to UK and other non-US investors in a fund sub-managed by BlueCrest Capit
Bull run on pause as investors take stock of stellar gains
FTSE holds near 9,500. Ibstock profit warnings as customers brick it over Budget. US futures up a touch. Investors digest Washington deadlock and Q3 e

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.