25 November 2008 23:00
The lead story in the Tuesday, November 25 edition of I&T News incorrectly identified nine reduncancies at BlackRock Investment Management’s marketing team.
There has in fact been just one redundancy from that team, and a further nine from other parts of the business including the direct and A-REIT property teams.
I&T News apologises to BlackRock Investment Management for this error and the inconvenience it caused.
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Asset managers that underestimate the importance of artificial intelligence to their businesses do so at their own peril, according to Anton Eser, global chief investment officer of Robeco, who thinks that many have less than a year to get across the “most important transformation” the industry has seen since the beginning of the index business more than 25 years ago.
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