Rise of the machines: Clients predict AI to replace 45% of portfolio management roles
Expect higher use of AI over next five years
How will AI help wealth managers in the future?
Almost half of high net worth clients believe artificial intelligence would "mostly replace" humans on portfolio management over the next five years, according to a new report by Tenemos and Forbes Insights.
The report, entitled AI and the modern wealth manager, surveyed 310 global wealth managers and high-net-worth individuals, 28% of whom came from Europe. Some 45% of clients thought AI would replace...
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