Wealth managers and family offices are planning to increase their allocation to companies and sectors in the artificial intelligence (AI) and robotics space, research commissioned by fund manager Robocap has found.
The Pureprofile survey of professional investors, including wealth managers, family offices, and institutional investors, showed that all respondents had increased allocations to robotics and/or physical AI.
Many expected this trend to continue, with 95 per cent of professional investors saying that allocations would increase further over the next three years, including 15 per cent that forecast the rise would be ‘dramatic’.
AI was found to be a particular focus, with 89 per cent planning to increase their allocation to the sector over the next three years.
Over two thirds (69 per cent) said there would be a slight increase, while 20 per cent said these allocation increases would be dramatic.
Commenting on the findings, Robocap founder and CIO, Jonathan, Cohen, said: “The research offers proof that robotics and AI is not mere science fiction, but a real world solution for the problems that face humanity.
"Our survey shows that professional investors recognise the role that robotics and AI will play in developing society in the future and see the potential to deliver strong and consistent returns for their clients’ portfolios.”
Recent Stories