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How Can Artificial Intelligence Transform Asset Management?

  • Philipp Immenkötter EMAIL logo
Published/Copyright: September 6, 2024
The Economists’ Voice
From the journal The Economists’ Voice Volume 21 Issue 2

Abstract

This article examines the transformative potential of artificial intelligence (AI) in asset management, highlighting how AI can enhance research, decision-making, communication, and trading processes. AI, particularly through machine learning (ML) and generative models, can significantly reduce analysts’ time on data collection and analysis, offer standardized recommendations, and improve communication efficiency. However, risks include potential biases and a lack of transparency in AI-driven decisions.

Keywords: artificial intelligence; investment analysis; portfolio management
JEL Classification: G10
Corresponding author: Philipp Immenkötter, Flossbach von Storch Research Institute, Cologne, Germany, E-mail:

References

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Received: 2024-08-07
Accepted: 2024-08-07
Published Online: 2024-09-06

© 2024 Walter de Gruyter GmbH, Berlin/Boston

Articles in the same Issue

  1. Frontmatter
  2. Editorial
  3. Editorial: Productivity Growth in the Age of AI
  4. Policy Papers (No Special Focus)
  5. Inflation and Fiscal Policy: Is There a Threshold Effect in the Fiscal Reaction Function?
  6. Whither the Walking Dead? The Consequences of Artificial Intelligence for Zombie Firms
  7. The Energy Transition and Its Macroeconomic Effects
  8. The Potential and Distributional Effects of CBAM Revenues as a New EU Own Resource
  9. Will Geopolitics Accelerate China’s Drive Towards De-Dollarization?
  10. The Political Economy of Academic Freedom
  11. Policy Forum: Productivity Growth in the Age of AI
  12. Macroeconomic Productivity Effects of Artificial Intelligence
  13. New Technologies: End of Work or Structural Change?
  14. The AI Revolution: A New Paradigm of Economic Order
  15. The Interplay of Humans, Technology, and Organizations in Realizing AI’s Productivity Promise
  16. How Can Artificial Intelligence Transform Asset Management?
  17. Is the EU’s AI Act Merely a Distraction from Europe’s Productivity Problem?
  18. AI in Europe – Is Regulation the Answer to Being a Laggard?
https://doi.org/10.1515/ev-2024-0055
Keywords for this article
artificial intelligence; investment analysis; portfolio management

Articles in the same Issue

  1. Frontmatter
  2. Editorial
  3. Editorial: Productivity Growth in the Age of AI
  4. Policy Papers (No Special Focus)
  5. Inflation and Fiscal Policy: Is There a Threshold Effect in the Fiscal Reaction Function?
  6. Whither the Walking Dead? The Consequences of Artificial Intelligence for Zombie Firms
  7. The Energy Transition and Its Macroeconomic Effects
  8. The Potential and Distributional Effects of CBAM Revenues as a New EU Own Resource
  9. Will Geopolitics Accelerate China’s Drive Towards De-Dollarization?
  10. The Political Economy of Academic Freedom
  11. Policy Forum: Productivity Growth in the Age of AI
  12. Macroeconomic Productivity Effects of Artificial Intelligence
  13. New Technologies: End of Work or Structural Change?
  14. The AI Revolution: A New Paradigm of Economic Order
  15. The Interplay of Humans, Technology, and Organizations in Realizing AI’s Productivity Promise
  16. How Can Artificial Intelligence Transform Asset Management?
  17. Is the EU’s AI Act Merely a Distraction from Europe’s Productivity Problem?
  18. AI in Europe – Is Regulation the Answer to Being a Laggard?
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