Wealth Managers Turn to AI and Private Assets to Boost Their Business

Wealth Industry Survey by Natixis IM

Date:

CC-BY-SA-2.0, Flickr

Author: Funds Society, Madrid

79% of wealth managers believe that artificial intelligence has the potential to accelerate profit growth over the next ten years, and 58% are already implementing AI tools

Private assets remain a key focus for wealth managers, although 26% consider that access (or lack thereof) poses a threat to their business

Following the results of the U.S. elections, 57% of managers report that clients are more willing to take on risk