In quest to generate alpha, fund managers see GenAI as ‘holy grail’: Citigroup
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
