Advisers engage with big data
A survey conducted by alternative investment management group, Man AHL, shows that close to three quarters of advisers believe that machine learning will change investment trends in the immediate future.
The survey, conducted as part of Man AHL's machine learning technology research with the University of Oxford, demonstrated that advisers will continue to move more toward technology-based workings.
A branch of artificial intelligence (AI) - machine learning was becoming increasingly popular as advisers worked to engage with new big data and analytic capabilities.
Man AHL's chief scientist, Dr Anthony Ledford, said: "As more data become available, sophisticated machine learning models enable new patterns that humans can't easily spot."
"The technology is a significant area of research focus and we believe our enhanced focus on Machine Learning will be strongly supportive of the evolution of our quantitative investment strategies."
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