Hedge Fund News From HedgeCo.Net

Asset managers prioritize AI adoption

August 30, 2024 : Permanent Link

(Opalesque) As asset managers increasingly leverage data analytics to better understand advisor preferences and opportunities, artificial intelligence (AI) continues to gain momentum as a tool to enhance segmentation and coverage strategy. According to The Cerulli Report-U.S. Intermediary Distribution 2024, more than half (54%) of asset managers currently use or plan to use AI within the next 12 months as part of their advisor segmentation strategy.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.

Recent Posts

  1. Dow futures are little changed after index closes above 42,000 for the first time: Live updates
  2. Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point
  3. Bank of Japan keeps benchmark interest rate steady as it treads cautiously on normalizing policy
  4. Traditional hedge fund fees remain higher than bespoke strategies
  5. Tesla, Nvidia lead tech-heavy Nasdaq to one of best days of 2024 after Fed rate cut

Search


Categories