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Investors flock to AI and Big Data funds - portfolio institutional
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Investors flock to AI and Big Data funds - portfolio institutional
Global assets in artificial intelligence (AI) and so called Big Data funds have surged more than sevenfold over the past five years, reaching $38.1bn (£28bn) by the end of the first quarter, as investors have flocked to these sectors. Perhaps surprisingly, Europe is the largest market for AI & Big Data funds – having grown five-fold to reach a record $23.1bn (£17bn) by the end of 2024 and now representing two-thirds of global assets, according t…
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