Artificial intelligence (AI) is one of the hottest topics of current times becauseit has disrupted most industries in recent years, and the financial services sectoris no exception. With the advent of fintech, which has a particular emphasison AI, the sector has experienced a revolution in some of its core practices.Probably the most affected area is asset management, which is expected tosuffer the largest number of job cuts in the near future (Buchanan 2019).A sizable proportion of asset management companies are now using AI andstatistical models to run trading and investment platforms. The increased useof AI across a range of tasks in asset management calls for a more systematicexamination of the various techniques and applications involved, as well asthe concomitant opportunities and challenges they bring to the sector.

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