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Artificial Intelligence & Trusts and Trustees: A new dawn of investment opportunities and risks?
Lloyd Brown
Trusts & Trustees, Volume: 31, Issue: 5, Pages: 1 - 6
Swansea University Author: Lloyd Brown
Full text not available from this repository: check for access using links below.
DOI (Published version): 10.1093/tandt/ttae092
Abstract
This article examines the opportunities and risks that can be created for trusts by generative artificial intelligence. In particular, the work is concerned with how AI investment tools may affect trusts, given their growing use in investment management. It is argued that trusts can be exposed to th...
| Published in: | Trusts & Trustees |
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| ISSN: | 1363-1780 1752-2110 |
| Published: |
Oxford University Press (OUP)
2024
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| Online Access: |
Check full text
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| URI: | https://cronfa.swan.ac.uk/Record/cronfa68155 |
| Abstract: |
This article examines the opportunities and risks that can be created for trusts by generative artificial intelligence. In particular, the work is concerned with how AI investment tools may affect trusts, given their growing use in investment management. It is argued that trusts can be exposed to the risks and opportunities that this technology may create through the trustees’ general investment power. However, currently, trustees can undertake appropriate risk management by exercising their section 4 and 5 duties relating to investment. The work ends by suggesting that targeted statutory reform and guidance is needed to deal with AI risks. |
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| Item Description: |
Review Article. Forthcoming June 2025. |
| College: |
Faculty of Humanities and Social Sciences |
| Funders: |
Swansea University |
| Issue: |
5 |
| Start Page: |
1 |
| End Page: |
6 |