Research
How Asset Managers Can Harness AI to Boost Profits, per EY
They need to adopt and monitor artificial intelligence the right way or risk being left behind, according to the firm’s study.
Tag: profit margins
How Bad Was 2022 for Asset Managers? Assets Dipped 10%
Thus far this year, the recovery is muted, a McKinsey study finds.
Market Moves
Projections of an Earnings Upsurge Are Too Rosy, BlackRock Warns
Big tech mega caps skew the profits picture, and stripping them out makes the outlook flat.
Risk
Q1 Earnings Slide Thought to Be Rock Bottom
The March-ending quarter is expected to book a 6.2% decline, but FactSet says analysts think this is the worst.
Pensions
What Do Pension Funds Worry Over Most?
NEPC survey says they are leery of rising interest rates, the Fed’s ability to handle inflation and profit margins.
Newsmakers
Vanderbilt Medical Ousts CIO, in Echo of Hartford HealthCare Bloodletting
Alaine Zachary, investment chief of the Tennessee hospital system since 2015, sees Morgan Stanley’s OCIO group take over her job.
News
BlackRock: Why Buying the Dips Is a Bad Idea Now
The outlook for profits, valuations and the Fed are dispiriting, says a study from the asset manager.