Family offices urged to use AI to avoid investment mistakes

Of late, there’s been no shortage of banks and consultants continuing to urge family offices to invest in private assets. But recent events at Thames Water suggest the tide has turned. 

The family offices backing Xanadu Quantum Technologies of Toronto are set to benefit from the Canadian government’s decision to invest US$30 million in the company.

This year has brought relief to active managers, nearly half of whom have lately beaten the indices, brought down by setbacks for heavyweight tech stocks