Theo Andrew

There is "no way" the adoption of AI by asset managers will lead to overall job losses, instead providing greater opportunities for the workforce, according to a senior BNY Investments executive.

European asset managers fear their US rivals have a "significant advantage" in accessing cutting-edge AI models, leaving them more vulnerable to cyber risks, experts have said.

Do you often look over at a set of empty desks and wonder why you never see compliance anymore? Or find yourself questioning whether everybody adheres to your company's hybrid working policies in the same way you do?

Professional fund buyers are implementing a range of measures to avoid becoming "forced buyers" of SpaceX after several index providers signalled

Legal & General is looking to launch more co-branded exchange traded funds in a bid to "battle the big shops" in Europe, the asset manager's global indexing and ETF head has said.

AI is "very close" to allowing individual investors to create their own exchange traded funds, the chief executive of HSBC Asset Management has said.

European investors are returning in droves to energy transition funds, contributing €6.6bn to the products so far this year, with the electricity needs of AI serving as a "key catalyst" to boost demand.

Asset managers are cutting "bloated" institutional marketing teams that deal with investors' information requests, after finding AI efficiency gains, experts have said.

Man Group 's bumper AI budget has revealed the high level of investment needed to develop in-house tools only to shelve and rebuild them as the technology continues to rapidly evolve.

Banks with large retail distribution networks in Europe are expected to follow UniCredit 's lead in bringing their fund offerings in-house, placing further fee pressure on asset managers, experts have said.