The Times
In The Times, BCG’s Dean Frankle explains that the global asset management industry faces structural challenges, but that AI offers a potential solution. However, BCG’s flagship annual report on the industry finds that only 16% of asset managers have fully defined an AI strategy and are working to implement it throughout the business. “To remain competitive, asset managers will need to seize the opportunities offered by artificial intelligence and double down on investing in enhanced productivity, product personalization, and the opportunity of private markets,” Frankle says.