In asset management and financial advisory services there is a tendency to attach the phrase “artificial intelligence” (AI) to any form of algorithmic or quantitative decision-making, oftentimes for marketing purposes or as a general catch-all term. The AI Primer from Little Harbor Research provides an overview of the history of AI from its nascent beginnings in the mid-1950s to present day, and it provides a practical description of AI in action. The Primer features some of the investment firms that currently use AI, and concludes that the use of this technology will continue to expand in both the financial advisory and asset management industries.
The AI Primer aims to equip financial advisors and investors interested in AI with the basic information needed to evaluate a manager and the investment techniques it employs.
Algorithmic Modeling: Artificial Intelligence & Machine Learning in Investment Management