Thu, Aug 11, 2022
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Fund managers rely on AI to generate alpha during pandemic

Tuesday, November 30, 2021

Bailey McCann, Opalesque New York:

Fund managers are increasingly relying on artificial intelligence to generate alpha, according to a new report from Deloitte. The report is based on responses from 400 senior investment management executives.

According to the report, 85% of the respondents that use AI-based solutions in the pre-investment phase either strongly agreed or agreed that AI helped them generate alpha.

Managers are also planning to increase their AI spend. The top two technologies funds plan to allocate to over the next 12-18 months are natural language processing and alternative data.

To make the best use of these technologies, firms will also have to improve overall conditions for employees. Data in the report shows that the firms that were most successful at generating alpha through the use of AI also rated highly on employee engagement and productivity; employee wellbeing, and the ability to implement new technologies quickly and easily.

Asset managers that have M&A as part of their business strategy have also noted the benefits of new technologies. Respondents cite adding new technology capabilities as the top driver for M&A transactions, followed by increasing scale and distribution channel expansion. These firms are looking to fuel growth through enhanced products and customer experience delivered to an expanded client (and prospe......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: ESG exuberance is at all-time highs. But will investors buy?[more]

    As investors increase their focus on mission-based investing, they continue to grapple with ESG and what it means to them. By David Shalom, Director of Capital Introductions at Pershing Innovation. New investment solutions. That's how managers deliver value and attract new inve

  2. Alts managers sitting on over $2.5tn+ of dry powder[more]

    Laxman Pai, Opalesque Asia: In the current rising interest rate environment, investment activity in the private markets has continued to grow, revealed a study. "With alts managers sitting on over $2.5T+ of dry powder and continuing to enjoy premium valuations and interest rates on a prec

  3. Opalesque Exclusive: Hong Kong manager expects additional tailwind in Asian markets[more]

    B. G., Opalesque Geneva: The Asia equity markets have not been at their best so far this year, with the MSCI Asia index down almost 13% YTD, but many managers remain buoyant about the region, as in

  4. Opalesque Exclusive: Emerging markets persist despite headwinds[more]

    Bailey McCann, Opalesque New York: Emerging markets have been under significant pressure since the start of the year, but there are some nascent trends that suggest that things could be getting better. Emerging markets firm Gramercy Fund Management recently released its third quarter outlook and

  5. Opalesque Exclusive: Castle Hall's DiligenceExchange free Transparency Reports cover 100 managers with $10tn of assets[more]

    Matthias Knab, Opalesque for New Managers: Managers and investors can get free access to DiligenceExchange here: Castle Hall, the Du