3 July 2009 00:21
McNeice also considered the use of defaults among group insurance and found high use of defaults across a range of age groups. Of the 210 survey respondents, half of those in their 30s relied on the default level of insurance cover but when asked if they believed this cover was sufficient, only 45 per cent of those in their 30s said ‘yes’.
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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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