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The fund management world has become a more crowded place of late, with the addition of a new breed of fund manager. Driven by Artificial Intelligence (‘A.I.’), they boast legions of analysts in the millions if not billions, IQs which are off the charts and a 24hr-a-day work ethic which never rests. In addition, they are free from behavioural bias (that nasty pitfall for ordinary investors), learn from their mistakes, can read any language and don’t take lunch breaks.
This month we touch on ‘Artificial Intelligence’ and its increasing prevalence in the world of investment management as it starts to mount a bid to disrupt the status quo.