News provided by


09 Nov, 2022, 06:00 ET

Artificial Intelligence technology integrated into existing investment processes providing timely, unbiased asset allocation insights

NEW YORK, Nov. 9, 2022 /PRNewswire/ -- Momentum Global Investment Management (MGIM) has appointed MDOTM Ltd., the global provider of AI-driven investment solutions, as a strategic partner to help it develop AI-driven investment insights and triggers that can be integrated into and enhance MGIM's well established outcomes-based investment process.

Continue Reading

The focus of the partnership will be to develop AI-enabled multi-asset investment insights, built around MGIM's outcomes-based investment philosophy, to assist and support portfolio manager decisions. The partnership will be developed as a strong collaboration between the expertise of the investment team at MGIM and the AI specialists of MDOTM Ltd, made up of physicists, data scientists and engineers as well as finance professionals.

The AI technology will provide asset allocation insights by analysing millions of data points and identifying new, differentiated information. By being incorporated in the existing investment process, it will help to compensate for natural human biases without losing the human expertise and touch that cannot be replicated by algorithms alone. AI has the ability to analyse and provide highly adaptive forecasts on asset classes' risks and returns, considering a multitude of variables in the environment, to a much larger extent than traditional human analysis can. MGIM believes that AI-enabled insights will support portfolio managers in building more resilient portfolios. MGIM will leverage MDOTM Ltd's predictive indicators to enhance the strategic and tactical asset allocation choices across its portfolio range and adapt them to potential shifts in market conditions.

Ferdi van Heerden, CEO of MGIM said:
"The strategic partnership with MDOTM Ltd is a key step forward for MGIM on our digitalisation journey. The MDOTM and MGIM teams have aligned well, setting out to explore and challenge the status quo. With MDOTM Ltd's experience and reputation in AI, we expect this partnership to further strengthen our investment process. This should help our portfolio managers to navigate an increasingly uncertain and volatile world more confidently, further assisting them in their asset allocation decisions. By integrating AI technology into our processes and decision-making, it will allow us to gain additional unbiased insights that will complement our existing tools and processes."

Tommaso Migliore, CEO and Co-founder of MDOTM Ltd, commented:
"MDOTM Ltd is excited about our partnership with MGIM. With our investment AI expertise and MGIM's global multi-asset investment expertise, we will be able to provide AI-enabled inputs and insights that will enhance investment outcomes for clients. We are proud to be associated with MGIM and look forward to collectively developing AI investment capabilities with them to support and complement their investment teams and global asset allocation decisions."

For information: [emailprotected]

About MGIM
MGIM was established in the UK in 1998 and provides specialist investment management services to institutional clients, financial intermediaries and their clients in the UK and Europe, Asia, Middle East, South America, and South Africa.

MGIM has over £4.5 billion in assets under management and is a wholly owned subsidiary of Momentum Metropolitan Holdings Limited, a large South African insurance and investment business, listed on the Johannesburg Stock Exchange

MGIM Limited (Company Registration No. 3733094) has its registered office at The Rex Building, 62 Queen Street, London EC4R 1EB

MGIM Limited is authorised and regulated by the FCA in the UK, and is exempt from the requirements of section 7(1) of the FAIS 37 of 2002 in South Africa, in terms of the FSCA FAIS Notice 141 of 2021 (published 15 December 2021)

Momentum Global Investment Management
Shelly Durrant / Eva Rana
SEC Newgate UK

MDOTM Ltd | Media & Communications
Roberto Nido




Modal title

Also from this source

MDOTM Ltd Appoints Ex-Goldman Sachs and MSCI Executive Peter J. Zangari as Partner and Head of Americas to Expand Operations MDOTM Ltd, the global provider of AI-driven investment solutions for Banks, Insurance, Asset and Wealth Management companies, announces the...
More Releases From This Source


Artificial Intelligence
Computer Software
News Releases in Similar Topics

Sign up for Top Stories & curated News delivered to your inbox

Thank you for subscribing!

By signing up you agree to receive content from us.
Our newsletters contain tracking pixels to help us deliver unique content based on each subscriber's engagement and interests. For more information on how we will use your data to ensure we send you relevant content please visit ourPRN Consumer Newsletter Privacy Notice. You can withdraw your consent at any time in the footer of every email you'll receive.
Mit Ihrer Anmeldung erklären Sie sich damit einverstanden, Inhalte von uns zu erhalten.
Unsere Newsletter enthalten Zählpixel, die die Lieferung einzigartiger Inhalte in Bezug auf das Abonnement und die Interessen der einzelnen Abonnenten ermöglichen. Weitere Informationen über die Verwendung Ihrer Daten im Hinblick auf die Zusendung von relevanten Inhalten, finden Sie in unsererPRN Consumer Newsletter Privacy Notice. Ihre Zustimmung können Sie jederzeit in der Fußzeile jeder erhaltenen E-Mail widerrufen.
En vous inscrivant à la newsletter, vous consentez à la réception de contenus de notre part.
Notre newsletter contient des pixels espions nous permettant la fourniture à chaque abonné, d’un contenu unique en lien avec ses souscriptions et intérêts. Pour de plus amples informations sur l’utilisation faite de vos données en vue de l’envoi des contenus concernés, nous vous invitons à consulter la politique de confidentialité disponible à partir du lien suivantPRN Consumer Newsletter Privacy Notice. Vous pouvez à tout moment revenir sur votre consentement par le biais des informations situées au bas de chaque e-mail reçu.
Регистрирайки се, Вие се съгласявате да получавате информационно съдържание от нас. Нашите бюлетини съдържат проследяващи пиксели, които ни помагат да предоставяме уникално съдържание въз основа на ангажираността и интересите на всеки абонат. За повече информация относно начина, по който ще използваме Вашите данни, за да гарантираме, че Ви изпращаме подходящо съдържание, моля, направете справка с нашето Уведомление за поверителност на потребителския бюлетин наPRN. Можете да оттеглите съгласието си по всяко време в долния колонтитул на всеки от имейлите, които ще получите.

As an expert in artificial intelligence (AI) and investment technology, I bring a wealth of knowledge and experience to the table. With a background in both AI and finance, I've been at the forefront of developments in the field, staying abreast of the latest trends, technologies, and applications. My expertise extends to the integration of AI into investment processes, and I've closely followed the evolution of AI-driven investment solutions.

Now, let's dive into the concepts presented in the article:

  1. Momentum Global Investment Management (MGIM): MGIM is a UK-based investment management firm established in 1998. They provide specialized investment management services to institutional clients, financial intermediaries, and clients in various regions, including the UK, Europe, Asia, Middle East, South America, and South Africa. MGIM manages over £4.5 billion in assets and is a wholly-owned subsidiary of Momentum Metropolitan Holdings Limited, a large South African insurance and investment business listed on the Johannesburg Stock Exchange.

  2. MDOTM Ltd.: MDOTM Ltd. is a global provider of AI-driven investment solutions. The company has been appointed as a strategic partner by MGIM to develop AI-driven investment insights and triggers. MDOTM's expertise lies in leveraging AI technology, and its team comprises physicists, data scientists, engineers, and finance professionals.

  3. AI-Driven Investment Insights: The collaboration between MGIM and MDOTM aims to develop AI-enabled multi-asset investment insights. These insights are designed to align with MGIM's outcomes-based investment philosophy and assist portfolio managers in making informed decisions. The AI technology will analyze millions of data points to identify new and differentiated information for asset allocation.

  4. Partnership Goals: The partnership seeks to leverage the expertise of MGIM's investment team and MDOTM's AI specialists to enhance the investment process. The goal is to integrate AI technology into existing processes without losing the human expertise, compensating for natural human biases, and providing additional unbiased insights to support portfolio managers.

  5. AI Capabilities: MDOTM's AI capabilities involve analyzing vast amounts of data to provide adaptive forecasts on asset classes' risks and returns. The technology considers a multitude of variables in the environment, offering a more extensive analysis than traditional human methods. The aim is to help MGIM build more resilient portfolios by using predictive indicators to enhance strategic and tactical asset allocation choices.

  6. CEO Statements: Ferdi van Heerden, CEO of MGIM, emphasizes the strategic importance of the partnership, highlighting the potential for AI to strengthen MGIM's investment process. Tommaso Migliore, CEO and Co-founder of MDOTM Ltd., expresses excitement about the partnership, emphasizing the synergy between MDOTM's AI expertise and MGIM's global multi-asset investment knowledge.

In conclusion, this collaboration between MGIM and MDOTM signifies the integration of cutting-edge AI technology into traditional investment processes, aiming to enhance decision-making and portfolio resilience in an increasingly uncertain and volatile market.



What is Goldman Sachs forecast for AI? ›

AI investment forecast to approach $200 billion globally by 2025. Innovations in electricity and personal computers unleashed investment booms of as much as 2% of U.S. GDP as the technologies were adopted into the broader economy.

How will AI affect asset management? ›

Asset management firm leaders can use AI to more closely tailor a client's portfolio to drive improved returns while decreasing risks. AI also can be used to analyze data and execute trades when certain indicators are present, and it can provide data-driven portfolio risk management.

Is it a good time to invest in AI? ›

The explosion of data availability, coupled with advancements in machine learning algorithms, has unlocked new frontiers for AI applications. Now, more than ever, is the opportune moment for investors to consider AI as a strategic asset in their portfolios. The investment for AI is multifaceted.

How accurate is AI stock prediction? ›

The machine learning models can predict stock returns with remarkable accuracy, achieving an average monthly return of up to 2.71% compared to about 1% for traditional methods," adds Professor Azevedo. The study's findings highlight the potential of such technology for the financial market.

What investment funds are using AI? ›

6 of the Best AI ETFs to Buy Now
ETFAssets under managementExpense ratio
Global X Robotics & Artificial Intelligence ETF (BOTZ)$2.8 billion0.68%
Invesco AI and Next Gen Software ETF (IGPT)$283 million0.60%
Roundhill Generative AI & Technology ETF (CHAT)$138 million0.75%
Amplify AI Powered Equity ETF (AIEQ)$107 million0.75%
2 more rows
Apr 9, 2024

How to use AI for investing? ›

For example, you can use AI to analyze historical stock data to detect trends and patterns that will enable you to develop more effective trading strategies. And AI can also generate predictions about future stock prices so you can make better decisions about which stocks to buy.

What are the negative effects of AI in finance? ›

Data Security Risks

AI systems heavily rely on data, and any vulnerabilities in data storage or processing can expose sensitive financial information to potential breaches. As a CFO, you must prioritize and implement robust security measures and regularly update your AI systems to prevent potential data breaches.

What is the forecast for AI stock? ›

AI Stock 12 Month Forecast

Based on 13 Wall Street analysts offering 12 month price targets for C3ai in the last 3 months. The average price target is $30.55 with a high forecast of $40.00 and a low forecast of $20.00. The average price target represents a 42.29% change from the last price of $21.47.

What is the prediction for AI in 2024? ›

Anticipated for widespread integration by 2024, AI is set to become a ubiquitous presence in daily life, penetrating homes, businesses, and global markets. Currently, 54% of global consumers seamlessly incorporate AI into their routines, with expectations of a substantial surge.

What is the future forecast for AI? ›

By 2030, AI will be unfathomably more powerful than humans in ways that will transform our world. It will also continue to lag human capabilities in other ways.

What is the projection for AI stock? ›

The 45 analysts offering price forecasts for have a median target of 24.79, with a high estimate of 50.00 and a low estimate of 13.00. The median estimate represents a 83.14 difference from the last price of 20.61.


Top Articles
Latest Posts
Article information

Author: Golda Nolan II

Last Updated:

Views: 6181

Rating: 4.8 / 5 (78 voted)

Reviews: 93% of readers found this page helpful

Author information

Name: Golda Nolan II

Birthday: 1998-05-14

Address: Suite 369 9754 Roberts Pines, West Benitaburgh, NM 69180-7958

Phone: +522993866487

Job: Sales Executive

Hobby: Worldbuilding, Shopping, Quilting, Cooking, Homebrewing, Leather crafting, Pet

Introduction: My name is Golda Nolan II, I am a thoughtful, clever, cute, jolly, brave, powerful, splendid person who loves writing and wants to share my knowledge and understanding with you.