How AI helps fintechs generate alpha and differentiate returns - Tech Wire Asia

ASIA is a financial services giant, and Singapore and Hong Kong are two of its largest, most prestigious'international financial centers'. Ultra high net-worth individuals from across the region, and sometimes even overseas, invest in niche fund houses and funds with complex strategies -- all in search of'alpha' -- a return higher than the market benchmark. Up until now, generating alpha was the sole domain of gifted fund managers who used a mix of knowledge, experience, and their own brand of eccentricity. They made several bets, some of them panned out, some didn't, but the good ones managed to create oversized returns for investors from the overall portfolio. In today's day and age, however, AI can beat fund managers hands down.