May 25, 2021
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AI won’t replace investment managers, but it could improve returns
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This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.
Author: Stefan Dunatov, Executive Vice-President, Investment Strategy and Risk, British Columbia Investment Management Corporation
AI is set to revolutionize the pensions and savings industry with the size of the global AI asset management market expected to be worth $13.5 billion within the next six years.
The role of AI in index investing will have the knock-on effect of improving asset owner and manager decisions by focusing on working with assets over longer time horizons.