Asset and wealth managers are more upbeat about their prospects than other sectors of the financial services industry, but are lagging others technologically according to the CBI/PwC Financial Services Survey.
Sanlam has claimed it is now offering the world’s first ever balanced fund run by artificial intelligence and machine learning.
Tech is genuinely changing the way asset and wealth managers work. So, what are the big developments and how can firms be sure they are ahead of the curve?
Smith & Williamson is the latest fund manager to try its hand at the artificial intelligence game, with the launch of a thematic global equity fund.
Allianz Global Investors is launching Global Artificial Intelligence equity fund to profit from advancements in areas such as ‘big data’ analysis, machine learning, self-driving cares and the ‘internet of things’.
