Y TREE's analysis of 550 portfolios found that 84 per cent of wealth managers underperformed in 2025. Wealth management underperformance cost investors up to a third of their expected returns — and most don't even know it's happening.
AI now sits beside roughly a third of British retail investors as they make money decisions. New research from Wharton, MIT and a Nobel laureate puts a number on what it's doing to their judgment: confidence rises by nearly 12 percentage points, even when the AI is wrong half the time. The researchers call it cognitive surrender — and the investors most prone to it are the ones least likely to notice.
Robin Powell
4 hours ago8 min read
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