Alternative investments in a digital age
It featured the world’s first robot to be granted citizenship and actor Will Smith, but the big theme of the 2018 Cayman Alternative Investment Summit was the potential of technology, especially blockchain and cryptocurrencies, with delegates told to embrace the opportunities this can offer the sector. Cayman Funds reports.
Digital disruption is changing industries, businesses and operating models driven by three intertwined forces: the falling cost of technology, the availability of data and cloud computing and the emergence of artificial intelligence (AI).
That was the message from Anthony Cowell, partner, head of Asset Management, KPMG, introducing the 2018 Cayman Alternative Investment Summit (CAIS), the theme of which was Wired: The rise of alternative investments in a digital age.