What impact do you anticipate that AI will have on the funds industry and does the industry underestimate this impact?
I have no doubt about the significant impact of the AI on the fund industry at every level. Whether it’s through regulatory changes, market dynamics, or investor behaviour, it’s clear that these factors have far-reaching consequences on the industry. The investors will favour the members of the industry not underestimating the true scale of these impacts.
Are AI-driven portfolio managers the future of the funds industry?
AI-driven portfolio managers certainly represent a significant part of the future of the funds industry. AI’s ability to process vast amounts of data, identify patterns, and propose trades can lead to more personalized strategies, better risk management, and potentially higher returns. However, it’s unlikely that AI will completely replace human decision-making, human intuition and creativity, instead, I see AI as a complementary tool that will enhance the role of human managers.
If there is one change in asset management that could make firms more efficient and enable them to provider better value to customers, what would it be?
If I had to pinpoint one change in asset management that could directly benefit customers it would be the use of AI in many administrative and operational tasks—like compliance checks, reporting, and portfolio rebalancing—lowering administrative fees. Customers could see higher net returns thanks to lower fees and better, data-driven investment decisions, all while enjoying a more efficient service.
Marco Bus is managing director, Eurizon Capital SA
