“The Government Pension Investment Fund is considering using artificial intelligence technology to manage its assets” according to a Jiji Press report in the Japan Times which relies solely on what unnamed “sources have said”.
The article notes that “In the United States, firms including BlackRock Inc and Goldman Sachs are already using AI in asset management”. However both of these are intermediaries, not asset owners, and the report does not make clear whether GPIF will be applying AI to portfolios managed inhouse or favouring outside asset manages which use it.
“The organization aims to introduce the technology on a trial basis as early as fiscal 2018, which starts in April next year, the sources said.”
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