The emergence of artificial intelligence, or AI, has created incredible efficiencies in many industries, but less so in the financial realm.
True, AI has advanced security trading, however the broader asset management sector has been slower to embrace it due to factors including a low level of understanding of AI processes and an AI talent pool that has migrated to other industries. Finally, the massive movement to passive indexing over the last decade has resulted in little incentive to develop entirely new alpha generation...