GPIF ramping up AI efforts to assess fund partners

Japan’s Government Public Investment Fund (GPIF) is ramping up efforts to implement artificial intelligence (AI) into its investment management processes, to better assess the management styles and performance of its external fund managers. The world’s largest pension fund, which had assets ¥‎159.2 trillion ($1.49 trillion) in assets under management at the end of June, has outsourced the AI project to Tokyo-based Sony Computer Science Laboratories (Sony CSL), which has been worki…