Technology—specifically, artificial intelligence—is reshaping institutional investing for both asset managers and institutional asset owners, and Ashby Monk of the Stanford University Research Initiative on Long-Term Investing says the transformation is just in the first inning.
Institutions and their boards, CIOs and investment teams need to address questions of both portfolio governance and data...
The increasing use of AI in institutional investing presents both opportunities and challenges. On one hand, AI can streamline complex tasks, enhance collaboration between humans and machines, and help institutions find insights in every document and dataset. On the other hand, the lack of a well-governed decision environment for existing AI technologies poses risks, requiring detailed documentation, trust building, and policy development to ensure that AI functions within established governance...