Artificial Intelligence for Asset Management and Investment : A Strategic Perspective

Cover -- Title Page -- Copyright -- Contents -- Preface -- Acknowledgments -- Chapter 1 AI in Investment Management -- What about AI Suppliers? -- Listening without Judging -- Lessons from ALI -- The Four Stages of AI in Investments -- Stage 1: The Siloed Quant Era -- Era 2: The Strategic Quant Era -- Stage 3: The Organizational Chaos Era -- Stage 4: The Modern Investment Firm -- The Core Model of AIAI -- Your Journey through This Book -- How to Read and Apply this Book? -- References -- Chapter 2 AI and Business Strategy -- Why Strategy? The Red Button -- AI-a Revolution of its Own -- Intelligence as a Competitive Advantage -- Intelligence in Products -- Intelligence in Production Platforms -- Intelligence of an Interlinked Network of Systems -- Intelligence as a Competitive Advantage and Various Strategy Schools -- The Intelligence School -- Intelligence and Actions -- Actions -- Automation -- Intelligence Action Chain and Sequence -- Enterprise Software -- Data -- Data Management Expertise -- Partnering, Buying, and Building -- Competitive Advantage -- Business Capabilities -- Chapter 3 Design -- Who Is Responsible for Design? -- Introduction to Design -- AI as a Competitive Advantage -- The Ten Elements of Design -- 1. Design Your Business Model -- 2. Set Goals for the Entire Firm -- 3. Specify Objectives for Automation and Intelligence -- 4. Design Work Task Frames Based on Human‐Computer Interaction -- 5. Perform a DTC (Do, Think, Create) Analysis -- 6. Create a SADAL Framework -- 7. Deploy a Feedback System and Define Performance Measures -- 8. Determine the Business Case or Value -- 9. Analyze Risks -- 10. Develop a Governance Plan -- Some Additional Ideas about Designing Intellectualization -- Summary of the Design Process -- References -- Chapter 4 Data -- Who Is Responsible for the Data Capability? -- Data and Machine Learning.