The world’s largest asset manager has built an AI research platform dubbed “Asimov” and is using it now in the firm’s fundamental equity business. Fund managers have been using AI models for tasks ranging from simple ones like routine data collection to more sophisticated functions such as making investment decisions.
“This is a virtual investment analyst,” Goldstein said. “While everyone else is sleeping at night, we have these virtual AI agents that are scanning research notes, company filings, emails, to generate portfolio insights.”