Investment managers view generative artificial intelligence (GenAI) as the “holy grail” to create value, but the availability of data and cultural change are some of the main challenges, according to a Citigroup executive.
The industry has applied AI via a “three-pronged” approach, according to a Citigroup report published this week based on more than 40 interviews conducted with C-suite executives of top global investment firms, many of which have operations in Asia, including Hong Kong.
Source: REUTER
