AI Holds Promise and Peril for Pension Funds
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Artificial intelligence touted to provide benefits like cutting costs, boosting returns, and identifying risks for pension fund management.
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AI can analyze large amounts of data to uncover investment opportunities and build custom portfolios.
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Natural language processing can help pension funds personalize marketing and outreach to members based on communication patterns.
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AI can assess ESG factors and enable automation to lower costs of investment strategies.
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But challenges remain around fake information, uncertainty, cybersecurity with AI systems.