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According to the latest CFA Institute study, that surveyed 5,000 investment decision-makers worldwide, trust in Artificial Intelligence is on the rise, with 84% of investment professionals saying that they would invest in a fund that uses AI. As the report mentions, the majority of institutional investors believe that the use of AI in investment decision-making will improve their investment outcomes, specifically by applying it in the areas of Risk Management and Portfolio Management.
āThe role of technology to develop and leverage trust in the financial services industry continues to grow. Investors, both retail and institutional, view AI as a tool through which trust not only can be enabled but also can be multipliedā.
You can find the full report here.
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