


Ninety-five per cent of institutional investors and wealth managers will increase allocations to AI and robotics over the next three years, according to new research, and 15% said this rise will be dramatic.
The research from fund manager Robocap, which includes insurance asset managers, said AI is a particular focus of these investors, and according to almost nine out of 10 (89%) of them, their allocation here will increase over the next three years. More than two thirds (69%) said there will be a slight increase, but a fifth (20%) said these allocation increases will be dramatic.
Jonathan Cohen, founder and CIO of Robocap, said: “The research offers proof that robotics and AI is not mere science fiction, but a real world solution for the problems that face humanity.
"Our survey shows that professional investors recognise the role that robotics and AI will play in developing society in the future and see the potential to deliver strong and consistent returns for their clients’ portfolios.”