This is the fourth episode of our podcast “The world of Fund Selection” conducted by Carla Solera, Investor Relations Specialist at RankiaPro Europe.
In this fourth episode of the world of fund selection titled “Use of AI in Portfolio Management” Florian Gröschl, Managing Partner at Absolute Return Consulting GmbH, talked about how AI might change the game in fund selection, and the influence it might have in the future of the jobs in the industry.
“In financial markets it is the next step in using algorithms, it has been around since the 80’s, and it is something completely established, AI is just taking it to the next level.”
“In terms of portfolio management markets are unpredictable, it is very difficult to say what is going to happen tomorrow, so until now there is not AI out there that is really doing absolutely good trades only.”
“The strength of AI is taking non emotional decisions, and the weakness is exactly the same, the gud feeling is not there, and there will be decisions where the gud feeling is important.”Florian Gröschl, Managing Partner at Absolute Return Consulting GmbH