Only 8% of fund managers report improved investment returns from AI adoption: Morgan Stanley–Oliver Wyman

Mint - Oct 18, 2026

Despite growing adoption of artificial intelligence (AI) in the global asset management industry, only 8 per cent of fund managers have reported measurable improvements in investment returns, according to a joint research report by Morgan Stanley and Oliver Wyman.

Read full article

More News

Consumer apprehension grows as US retailers adopt AI-assisted pricing tools
Oct 18, 2026
Consumer apprehension grows as US retailers adopt AI-assisted pricing tools

Consumer apprehension grows as US retailers adopt AI-assisted pricing tools

Seal pups spotted at nature reserve for 12th year
Oct 18, 2026
Seal pups spotted at nature reserve for 12th year

Two pups have been recorded at South Walney, home to Cumbria's only breeding grey seal colony.

Corby metal pollution may harm people, says study
Oct 18, 2026
Corby metal pollution may harm people, says study

However, the Environment Agency says it has not found evidence that could cause significant harm.

HOLAFLY LAUNCHES ‘ULTRA’: THE WORLD’S FIRST ALL-IN-ONE eSIM PLAN
Oct 18, 2026
HOLAFLY LAUNCHES ‘ULTRA’: THE WORLD’S FIRST ALL-IN-ONE eSIM PLAN

Holafly, the global leader in eSIM’s for travellers, offering coverage in over 200 destinations, has launched Ultra: a first-of-its-kind subscription plan that pairs unlimited global mobile data with 24/7 health, medical and travel protection. Designed as a complete virtual travel companion for modern digital nomads, students abroad, and long-stay travellers, Ultra goes beyond standard cellular connectivity to deliver total peace of mind in a single subscription.

InteleTravel Acquires Group AI Startup 40Hammocks, to Relaunch as Groupr
Oct 18, 2026
InteleTravel Acquires Group AI Startup 40Hammocks, to Relaunch as Groupr

InteleTravel, through its parent, INTRAVEL, has announced the acquisition of 40Hammocks, one of the few group travel automation solutions. 40Hammocks helps groups of 10 or more rooms secure pre-negotiated rates at hotels, manage custom booking links, track room blocks, secure event space and deliver guest perks, primarily serving destination weddings and group events. INTRAVEL will develop and relaunch the innovative AI-driven technology as Groupr, extending its capabilities into more automated sourcing, contracting and guest management for the smaller-group market.

Two damselfly species return to restored woodland
Oct 18, 2026
Two damselfly species return to restored woodland

A three-year project to restore woodland at seven nature reserves is completed.

Green power on the water: Riding an electric boat in Ningde
Oct 18, 2026
Green power on the water: Riding an electric boat in Ningde

Green power on the water: Riding an electric boat in Ningde

Chinese artists tell Xiongan's story through high-tech theater
Oct 18, 2026
Chinese artists tell Xiongan's story through high-tech theater

Chinese artists tell Xiongan's story through high-tech theater

Apple October 2026 launches: Touchscreen MacBook Pro, M6 iMac, OLED iPad Mini and more expected
Oct 18, 2026
Apple October 2026 launches: Touchscreen MacBook Pro, M6 iMac, OLED iPad Mini and more expected

Apple could announce a touchscreen MacBook Pro, an M6-powered iMac and an OLED iPad mini by the end of October 2026. According to Bloomberg’s Mark Gurman, Apple has invited select media members to a product event in Los Angeles on October 28.

Fire evacuation orders lifted for most of L.A., Orange counties
Oct 17, 2026
Fire evacuation orders lifted for most of L.A., Orange counties

The Norte fire has burned more than 570 acres and damaged homes in San Clemente and San Juan Capistrano as firefighters battle Southern California blazes.

No further action against government adviser's wife over Palestine Action post, police say
Oct 17, 2026
No further action against government adviser's wife over Palestine Action post, police say

Sarah Helm, who is married to Jonathan Powell, was responding to a discussion about the author Sally Rooney.

Fast-moving California wildfire burns homes as people are ordered to leave
Oct 17, 2026
Fast-moving California wildfire burns homes as people are ordered to leave

Fanned by the fierce Santa Ana winds, the Norte Fire is one of 13 burning across the state.

Recommended