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
Mega super fund opens first international office
Australian Retirement Trust (ART) has opened its first international office in London to build out a "leading global investment capability."
Impact Alpha Partners adds to board
The budding consulting firm has added the former chief executive of Blue Orbit Asset Management and U Ethical Investors' former head of ethics and impact.
How to win in today's wealth management industry: EY
To outperform in the wealth management industry, leaders must conquer several "underlying challenges" by 2030, according to an Ernst & Young (EY) report.
FSC expands financial advice membership
The Financial Services Council (FSC) is expanding its remit into the financial advice sector by adding six licensees to its network of members.
Further Reading
Sponsored by | Where do advisers invest their time?The stage 3 tax cuts have sparked discussions on bracket creep. Implementing a tax-effective investment strategy is crucial now more than ever. |
Sponsored by | Quality and Yield. A Powerful combination.With central bank rates seemingly peaked, investors are not awaiting yield increases. We're bucking the trend with investment rates at decadal highs |
Sponsored by | Why it could be a good time to be a growth contrarianGrowth-style companies are in vogue, but you may need to think outside the box to ensure you don't overpay. |
Products
Featured Profile
Fiona Mann
HEAD OF LISTED EQUITIES AND ESG
BRIGHTER SUPER
BRIGHTER SUPER
Brighter Super head of listed equities and ESG Fiona Mann was shaped by a childhood steeped in military-like discipline and global nomadism. Andrew McKean 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