World's Biggest Pension Fund Says AI Will Replace Asset Managers
- GPIF’s Mizuno: Google, Amazon could become largest managers
- Traditional managers need to update business models, he says
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Hiromichi Mizuno was named chief investment officer of Japan’s Government Pension Investment Fund, the world’s biggest manager of retirement savings, in 2014. He has since led a push to increase equity holdings and advocated for incorporating ESG, or environmental, social and governance, factors into investing.
Question: What are the biggest changes in the investment world you see coming in the next five to 10 years?