Finance
AI adoption in investment management is high but strategic use is limited
Nearly 9 in 10 global investment managers have adopted AI, but only a small number use it for actual investment decisions, an analysis showed. In a survey commissioned by BlackRock’s Aladdin platform, 87% of financial institutions said they have introduced or use AI functions. Most remained at an “emerging” stage focused on efficiency gains. Staff readiness was cited as the biggest barrier, followed by skills and data issues.