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Get connected with journalists todayJulie Segal
Verified
Deputy Editor, Institutional Investor
Montclair, New York
Beats
AI,Cryptocurrency Web3, blockchain crypto marketing, nfts
Content
By Michelle Celarier Verified, John Crabb Verified, Julie Segal Verified| Institutional Investor Verified George Patterson, the managing director and the chief investment officer for $103 billion PGIM Quantitative Solutions, has been using artificial intelligence in his quant investing strategies for years. But he doesn’t think the new wave of generative AI of products like ChatGPT are that useful for investment managers like him and his team. Large language models are “less useful” for quants, explained Patterson, a former rocket scientist turned quant in the early 1990s
By John Crabb Verified, Julie Segal Verified, Michael Thrasher| Institutional Investor Verified With the inauguration looming and the upheaval of the regulatory agenda set to unfurl, a small drama of sorts is unfolding in asset management. Late last year Vanguard Group entered into an agreement with the Federal Deposit Insurance Corporation as the regulator sought more oversight of passive bank ownership by asset managers. The move came after the regulator requested information from BlackRock, State Street Global Advisors, and Vanguard in August
Company Info
Institutional Investor
Institutional Investor is a prominent global organization that connects key participants in the financial markets, particularly those managing and allocating substantial capital. With nearly 60 years of experience, it has significantly influenced asset management and financial markets by providing essential insights, community, and partnerships. The company organizes over 40 events annually in various countries, promoting networking and knowledge sharing among industry leaders. It offers market intelligence services that enhance clients' visibility and competitive edge. Institutional Investor also features a digital platform that connects members with global audiences and elevates industry thought leaders by providing actionable insights for asset managers and allocators. With a community of over 900 allocator organizations representing $93 trillion in assets, the company attracts more than 11,000 attendees to its events each year and maintains a strong online presence.
New York, United States
+1 212-224-3300
Founded: 1967