Agentic AI to drive major shift in funds management in coming years: Robeco 

InvestorDaily

Robeco is investing heavily in its adoption of artificial intelligence (AI) across both its asset management division and the broader firm, with the asset manager confident that the technology can drive better outcomes across its funds. Mike Chen, head of Next Gen Research at Robeco, said that while AI has been used mostly as an efficiency tool for tasks such as summarisation and drafting communications so far, it has not been widely applied to investment decisions and actions as of yet. “There have been a few reasons for this. First of all, the market is very complicated and it’s difficult to predict what will happen. The market is essentially a learning system itself as it changes over time,” said Chen.

“People are also not that comfortable with letting AI run for it.” However, with AI evolving quickly, Chen said the funds management industry is likely to see the rise of agentic AI in the future, where AI is able to make decisions and take actions not just reactively but autonomously and proactively. “This is essentially the AI agentic vision where AI [evolves] into autonomous agents. I think that autonomy is really important because at the moment you have to prompt it in order to get an answer,” said Chen.

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In the future, Chen said fund managers would be able to direct AI to manage investments on its own within certain boundaries they have set.