PwC: ‘The pressure is on’ for AI to start delivering results
Some 66% of investors want to see evidence of improved productivity after mounting speculation around AI’s uses
Survey
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PwC: 81% of wealth managers are eyeing up consolidation or M&A
There is an ‘urgent need’ for firms to adopt ‘transformational’ new technology, and consolidation is the fastest route
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ARK Invest: 80% of ETF investors are indifferent to active versus passive debate
Investors prefers a blended approach, as both strategies can boost or hinder returns depending on the sector
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AML Group: 75% of investors see ChatGPT providing reliable investment advice in the future
Investor confidence at highest level since study launched in 2020
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Natixis: Investors’ long-term return expectations fall to 6.3%
65% believe market volatility will increase from 2023, according to Natixis Investment Managers survey
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PwC: Half of CEOs think their businesses will not survive the next decade
AI could make half of all business models redundant within 10 years
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DEI scores of financial services firms fall in Reboot survey
Score regresses two points from last year
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Diversity Project: Only 63% of organisations publishing pay gap information externally
70% of respondents working towards goals around race and ethnicity
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Two thirds of professional investors think macro investing now ‘more relevant’
Fulcrum Asset Management quizzed 205 UK and US participants
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3-in-4 high net worths need investment guidance
Recent years have increasingly seen ‘diverging generational attitudes towards wealth management’
