Picton Mahoney Asset Management is increasing its focus on artificial intelligence as a key component of its growth strategy. David Picton, the firm's manager, views AI as a potentially disruptive force within the money management sector. The Canadian firm is actively seeking to enhance its technological capabilities by hiring more tech talent.
This move signifies Picton's commitment to leveraging AI to optimise investment strategies, improve risk management, and increase overall operational efficiency. The company aims to stay ahead of the curve by integrating the latest advancements in AI and emerging technologies. Picton Mahoney's investment in AI reflects a broader trend of financial institutions embracing technology to gain a competitive edge.
