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M&G Investments braves cost headwinds in pursuit of AI

The UK asset manager’s AI ambitions started with the creation of a data lake to ensure high-quality data is being fed into models.

High speed train leaving Dawlish in a storm - stock photo

Fabiana Fedeli, chief investment officer for equities, multi-asset, and sustainability at London-based M&G Investments, is a self-proclaimed “data junkie.”

She joined M&G, which manages £335.9 billion ($471.8 billion) of assets, just under four years ago, having previously worked as a sell-side technology analyst and a portfolio manager for hedge funds. She studied econometrics in college and says the data analysis skills she picked up in the classroom and workplace informed her decision to

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‘Vibe coding is burning us out’

Vibe coding is rapidly spreading throughout the capital markets, and some are unhappy about it, while others believe the genie is out of the bottle. Engineers spoken to for this story share some choice words—and several expletives—about this new form of coding.

The enshittification of AI

The Waters Wrap: AI may look good to its developers, but there are a few problems lurking below the surface that might cause problems. Max Bowie explains.

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