AIMA Education Forum – ‘Cyborg Asset Managers’


We are pleased to invite you to ‘Cyborg Asset Managers’ with Simon Russell to be held on Thursday 8th February, from 12.30pm till 2.00pm.

The session will apply a mix of behavioural finance & artificial intelligence to answer: how should we optimally integrate human and machine investment decision-making? Simon, along with Dr Alistair Rew, has recently published a book on this topic and will discuss the major conclusions with AIMA members.

From the book: “While a lot has been written by active managers about the impact of AI across the industries in which they invest, it is surprising that there has been less focus on the direct impact and implications of AI on their own business models, careers and value propositions.” This session will seek to address that gap.

The forum will discuss
Why “cyborgs” (ie decision-making processes that optimally integrate individual, team and machine thinking) are superior to other investment decision-making models, and potentially offer active asset managers a sustainable value proposition in the face of increasingly powerful AI.

Why we currently are not good at creating “cyborgs” – when we tend to overestimate machines, under-estimate them, or combine with them in simplistic ways that don’t capture the full benefits.

What are the different professional investment models for combining individuals and teams with machines/algorithms/data?

Where do the biggest gaps and opportunities exist across the current investment landscape?

Simon is the founder of Behavioural Finance Australia, a specialist behavioural finance consulting and training business. He helps professional investors apply insights from behavioural finance research to improve investment decision-making. His clients include the investment and analyst teams at major asset managers and investment banks. He is a regular presenter on behavioural finance-related topics at industry and academic conferences, and has published books on behavioural finance/professional investment decision-making. Simon has a degree in psychology and a master of applied finance.