The emergence of AI-managed portfolios marks a notable change in the investment realm. Success in this evolving landscape will require investors and professionals to be receptive to new technologies and to seek out novel approaches to managing portfolios, he adds.
Top 10 Saudi banks experience slow profit growth in Q1
Despite improvement in cost-to-income ratio, net profit sees only a marginal rise of 2.7% QoQ to $4.61bn due to slower growth in operating income and high impairment charges.
