Pensions funds could benefit from the integration of artificial intelligence tools to reduce costs and improve returns.
Artificial intelligence is touted to provide a number of benefits to the management of pension funds, according to research from Mercer.Artificial intelligence could be used by pension funds to cut costs, increase investment returns and highlight possible risks, but there are still “significant challenges to overcome” with its use, says the Mercer CFA Institute global pension report.
AI-assisted analysis is touted to identify patterns and discover market sentiment and signals to suggest unconventional future investment opportunities. A summary of the use of AI in investment management. Source: Mercer CFA Institute Global Pension Index 2023
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