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EU fund managers use AI mainly to support human-driven investments, ESMA says

( February 25, 2025, 15:33 GMT | Official Statement) -- MLex Summary: EU fund managers use generative AI and tools based on large language models primarily to support human-driven investment decisions, the European Securities and Markets Authority's report says. Fund managers are turning to new AI technologies to improve their business processes, but only a few have "overhauled their investment strategies" as a result of those new technologies, the report says.Report attached....

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