Fintech

The Fintech Files: Schroders’ Genie-us, Man Group warns on AI ‘hallucinations’

All you need to know about fintech this week, all in one place

Schroders wants staff to experiment with AI, as does Man Group
Schroders wants staff to experiment with AI, as does Man Group Photo: Getty Images

Genie-us

Schroders spends £2.5m a year on language translation. That might sound like a drop in the ocean for a fund management behemoth, but it is just one of the many costs boss Peter Harrison reckons the firm can cut out using AI.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire