Smarter investing looks to artificial intelligence
Asset managers are using AI to save on costs, writes Pedro van Gaalen
Asset managers are increasingly turning to technology to deliver market-beating returns, streamline operations, create cost efficiencies, meet regulatory requirements and craft a compelling value proposition in a highly competitive marketplace.
The digitalisaion of asset management is also necessary to meet the demands of a new generation of investors, says Tsitsi Hatendi-Matika, head of retail investment specialists at Absa Wealth & Investment Management. "A digital-led strategy is congruent with the needs and preferences of the emerging generation of digital-native clients."