18 May 2023: Africa is a country of growing interest for US asset owners reports Pensions & Investments but investing in Africa remains a niche market for hedge fund managers and investors. Patrick Ghali contributes to a rare country report on Africa in the investments press which looks at how some of the largest US pension funds are thinking about and responding to the burgeoning potential of Africa as they seek out new markets to drive risk balanced returns. The full article can be read here.
15 May 2023: Will Wainewright writes on the adoption of AI by hedge fund managers, 40% of which, according to a recent HedgeWeek survey, already use AI in their investing process. The value of studiously acquired knowledge is quickly being eroded, warns Patrick Ghali, but "human input will continue to be crucial". Subscribers to AFI can read the full article here.
Updated: May 15
11 May 2023: Will ChatGPT be the death of fund managers?, writes Will Wainewright in Spear's magazine. Far from it seems to be the industry consensus with most regarding AI as having "significant utility" to assist the process and speed of data analysis and already successfully integrating AI into their businesses in sophisticated ways. The "killer app" is the subtlety and nuance of human insights, argues Patrick Ghali and others. This can not yet be met by AI and will continue to be crucial. Click on this link for the full story.