Artificial Intelligence in investment and wealth management

Fund managers, wealth managers and hedge funds are already incorporating artificial intelligence (AI) and machine learning into their investment processes. These include fully-automated wealth management services (‘robo-advisors’), to automated trading systems. With wealth management in a state of flux with pressure on margins, the rise in passive investing and moves from commissions to
level fees; many managers are investing heavily in technology to reduce costs while complying with ever-increasing regulation. Advisers would be wise to keep abreast of developments to anticipate how they may be affected.