Fund sector is poorly prepared to tackle climate change and artificial intelligence

“Today’s asset management industry may well be unrecognizable by the end of the next decade. A profound transformation is now in the pipeline,” says Create-Research CEO to the Financial Times.
Photo: Photo by Markus Spiske temporausch.com from Pexels
Photo: Photo by Markus Spiske temporausch.com from Pexels
BY REETA ILONA PAAKKINEN

Much of the asset management industry is badly prepared for the challenges of climate change and artificial intelligence, states a new report by Create-Research on the future of the investment sector.

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The environmental, social and governance ratings of exchange-traded funds are set to be downgraded by index provider MSCI. | Foto: Delcia Lopez/AP/Ritzau Scanpix

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