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Is Artificial Intelligence the future for Active Management within the Asset Management Industry?

Interesting article about the need for Artificial Intelligence to be applied to Active Management by Asset Managers. With active managers failing to beat their benchmarks after fees for a decade, experts are suggesting a technology-based approach that leverages off the best insights of multiple portfolio managers — humans —as opposed to the single-expert model that has long been used by active managers.

A consortium of academics and investors is calling for active managers to use artificial intelligence techniques called ensemble methods, which it argues can beat both active and passive funds.

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executive search, recruitment, active investing, passive investing, etfs, asset management, technology investing, artificial intelligence, asset & wealth management

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