Goldman Sachs Asset Management (GSAM) is aiming to become one of the top 5 providers of model portfolios. Currently, GSAM is the ninth largest in terms of asset managers, with model portfolio assets ...

State Street Global Advisors is aiming to grow its model portfolio business fivefold in as many years as off-the-shelf investment strategies boom across Wall Street. The asset manager is targeting ...

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With the number of large language models (LLMs) in the market expected to grow and branch out, businesses will need a governance framework to manage their generative artificial intelligence (AI) ...