'A marriage between humans and machines': How AllianzGI is embracing artificial intelligence

The bigger picture on digital disruption

From the AI-human hybrid portfolio to giving fund managers gentle 'prompts' on their behavioural biases, Mike Sheen looks at how Allianz Global Investors has embraced artificial intelligence and what the technology means for the future of asset management

Artificial intelligence (AI) is gradually transforming every industry it touches. While asset managers are often keen to capture the opportunities AI offers within their portfolios, they have been relatively slow to adapt the technological revolution within their own businesses. Quantitative and algorithmic strategies, as well as 'black box' technologies, will be familiar concepts to those in the financial sector. However, Allianz Global Investors is pursuing a philosophy that keeps the human as an essential element of portfolio management, supported by data models and trend identi...