The Rise of AI Assistants: Hedge Fund Managers and ChatGPT: “A flash survey by the Capital Introduction team provides insight into the use and impact of ChatGPT within the asset management sector. BNP Paribas’ Capital Introduction team flash surveyed its’ manager community regarding the use and impact of Artificial Intelligence through ChatGPT (Chat Generative Pre-Trained Transformer) within the asset management sector. We collected responses from 39 individuals whose firms have a combined AUM of $250.5 billion. The respondents are concentrated in Europe and Americas, with 67% America based, 28% from EMEA and 5% Asia Pacific. It is worth noting that the respondent data shows the majority of managers using it are from fundamental firms. Quant firms have been using AI for a much longer period and tend to access it through their own machine learning programmes.”