Aussie fund managers face machine learning challengesBY KARREN VERGARA | TUESDAY, 25 SEP 2018 12:26PMAustralia's investment management firms lag behind Japan when it comes to using machine learning in investment strategies, a new Bloomberg survey shows. Related News |
Editor's Choice
ASIC to take 'balanced' stance on super advertising ban rules
The corporate regulator said it promises to take a "balanced" approach to enforcing new rules around any advertising of superannuation funds during the employee onboarding process, which take effect in a few weeks.
BlackRock expands active ETF range
BlackRock is set to expand its Australian ETF range with the launch of the iShares World Equity High Income Complex ETF (ASX: WYNC), an actively managed strategy targeting investors seeking both income and broad global equity exposure.
T. Rowe Price names head of intermediary for Australia
T. Rowe Price has appointed a head of intermediary for Australia, following a three-month absence in the role after Jonathan Ross' departure in March.
FEATURE | Aged care: The longevity dividend
It's not just Australia that is dealing with an aging population, in fact the World Health Organisation estimates by 2030, one in six people will be aged 60 years or over.
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
Hi Karen, as an industry consultant whose sole engagement is to market Machine Learning/AI to the Australian Asset Management community I could not agree more with your comments above and indeed it is concerning. As Australian managers slip further behind their global peers, in the adoption of machine driven technology, the risk is that focus may begin to shift away from the local market towards off-shore hubs where there is rapidly increasing demand for machine driven data analytics and a willingness to pay for the inherent efficiencies therein!
I'd be happy to discuss this issue further with you should you have the time available...
Regards,
David McIntosh