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Laxman Pai, Opalesque Asia: Half of systematic investors have already integrated artificial intelligence (AI) into their investment process, revealed a study.
According to a new study by Invesco, the majority of respondents (62%) anticipate that, within a decade, AI will be as important as traditional investment analysis, while 13% expect it to become more important.
"Artificial intelligence (AI) revolution is already underway: half of the systematic investors surveyed have integrated AI into the investment process and the majority (75%) expect AI to match or exceed the importance of traditional investment analysis within a decade," the report said.
Based on the views of 130 institutional and wholesale investors that collectively manage $22.5tn in assets, the firm's eighth annual Invesco Global Systematic Investing Study also reveals a widespread expectation that AI tools will transform portfolio management in the years to come.
The respondents reported harnessing AI to better understand the market environment and identify macroeconomic turning points: (46%) are using AI to identify patterns in market behavior, and (38%) are using it for portfolio allocations and risk management.
Investors expect the use of AI to grow significantly in the coming years. While a significant minority (29%) already use it to develop and test investment strategies, the vast majority (76%) anticipate doing this in the future. Additionally, while (20%) currently use it to mon...................... To view our full article Click here
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