Fidelity: ‘AI remains more of a buzz word than a profit driver’
Most analysts do not expect AI to have an impact on company profitability this year despite increased spending
Survey
-
-
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
-
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
-
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
-
AML Group: 75% of investors see ChatGPT providing reliable investment advice in the future
Investor confidence at highest level since study launched in 2020
-
Natixis: Investors’ long-term return expectations fall to 6.3%
65% believe market volatility will increase from 2023, according to Natixis Investment Managers survey
-
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
-
DEI scores of financial services firms fall in Reboot survey
Score regresses two points from last year
-
Diversity Project: Only 63% of organisations publishing pay gap information externally
70% of respondents working towards goals around race and ethnicity
-
Two thirds of professional investors think macro investing now ‘more relevant’
Fulcrum Asset Management quizzed 205 UK and US participants
-
3-in-4 high net worths need investment guidance
Recent years have increasingly seen ‘diverging generational attitudes towards wealth management’