LONDON: Two-thirds of asset management firms are now making generative artificial intelligence (GenAI) a priority, Boston Consulting Group (BCG) said in its latest report.
To assess where asset managers are on their AI journey, Boston Consulting Group, in partnership with the Investment Company Institute and the CFA Institute, conducted a global survey of asset managers in the first quarter of 2024 focused on GenAI adoption.
The ‘AI and the Next Wave of Transformation’ study said 66% of firms globally have made the technology a strategic priority for their business.