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Geeky Gadgets
6 hours ago
- Business
- Geeky Gadgets
Meet Mo: The AI Assistant Transforming Financial Analysis Forever
What if you could reclaim nearly a third of your workday? For Morningstar's investment analysts, this isn't a hypothetical—it's a reality. With the introduction of Mo, an AI-powered research assistant, Morningstar has transformed how its teams approach the demanding world of financial analysis. Built on the innovative LangGraph intelligence engine, Mo is more than just a tool; it's a fantastic option. By automating repetitive tasks and reducing research time by an impressive 30%, Mo enables analysts to focus on what truly matters: crafting strategies and making informed decisions. In an industry where precision and efficiency are paramount, this shift isn't just helpful—it's innovative. In this overview, Morningstar explain how Mo is reshaping the landscape of investment research. From its ability to process vast datasets with advanced natural language processing to its modular design that ensures adaptability in a rapidly evolving industry, Mo offers a glimpse into the future of financial technology. You'll discover how this AI assistant not only enhances productivity but also minimizes errors and fosters collaboration across teams. As you read on, consider this: how might tools like Mo redefine the boundaries of what's possible in your own field? Morningstar's AI-Powered Assistant How Mo Was Built: A Modular and Scalable Innovation Mo was developed by a dedicated team of engineers to address the challenge of deploying AI across Morningstar's extensive ecosystem, which includes over 60 products and supports a workforce of 12,000 employees. The team adopted a modular architecture, prioritizing scalability and adaptability to ensure seamless integration with evolving AI technologies. This forward-looking approach allows Mo to remain relevant as artificial intelligence continues to advance, making it a sustainable solution for the ever-changing financial industry. The modular design also simplifies updates and maintenance, making sure that Mo can incorporate the latest technological advancements without disrupting existing workflows. This adaptability positions Mo as a long-term asset, capable of evolving alongside the needs of investment professionals and the broader financial sector. What Mo Does: Transforming Research and Analysis Mo's primary function is to process and summarize vast amounts of investment data efficiently. It handles information from over 600,000 investments and hundreds of thousands of research articles, using advanced natural language processing (NLP) and multi-agent workflows to extract insights, refine responses, and ensure accuracy. The results are measurable and impactful: Research time reduced by 20%. by 20%. Writing time cut by 50%. by 50%. Editing errors decreased by 65%. These improvements not only save time but also enhance the quality and reliability of the insights you depend on for critical decision-making. By streamlining the research process, Mo enables you to focus on interpreting data and crafting strategies rather than being bogged down by manual tasks. Morningstar Mo Overview Watch this video on YouTube. Find more information on AI assistants by browsing our extensive range of articles, guides and tutorials. How Mo Enhances Productivity and Decision-Making For investment professionals, Mo delivers precise and actionable insights that are both accurate and verifiable. By automating time-intensive tasks like data summarization, error checking, and information synthesis, it allows you to dedicate more time to strategic analysis and client engagement. This shift in focus can lead to more informed decisions and stronger client relationships. Mo's utility extends beyond analysts. Internal teams such as client success managers, quantitative analysts, and developers have seamlessly integrated Mo into their workflows. By streamlining daily operations, Mo has proven its versatility and value across a wide range of roles within Morningstar. This broad adoption underscores its potential to enhance productivity and collaboration across the organization. Future-Proof Design: Adapting to a Dynamic Industry Mo's modular architecture ensures it remains adaptable to the rapid advancements in AI technology. This design not only supports scalability but also assists the integration of new features and capabilities as they emerge. As the financial industry continues to evolve, Morningstar can seamlessly incorporate innovative technologies into Mo, making sure it remains a valuable tool for investment professionals. The forward-thinking design also reduces the complexity of maintaining and updating the system, allowing Morningstar to focus on innovation rather than troubleshooting. This adaptability ensures that Mo will continue to meet your needs, delivering consistent value in an industry characterized by constant change. Media Credit: LangChain Filed Under: AI, Top News Latest Geeky Gadgets Deals Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
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Business Standard
6 hours ago
- Business
- Business Standard
Tata AIA launches 2 new funds for wealth creation, insurance cover
Tata AIA Life Insurance has launched two new equity-linked funds (ULIP) under its unit-linked insurance plans (ULIPs). Top 200 Alpha 30 Index Fund and Top 200 Alpha 30 Index Pension Fund will be available from June 23 to June 30, 2025, at an issue price of Rs 10 per unit. Both funds are meant for wealth creation and retirement planning while offering life insurance protection under various Tata AIA insurance products, said the company. 1. Top 200 Alpha 30 Index Fund It is meant for individuals looking to create wealth while providing insurance cover to their families. The fund is benchmarked to the Nifty 200 Alpha 30 Index, which includes 30 high-performing stocks known to generate excess returns (alpha) over the market. 2. Top 200 Alpha 30 Index Pension Fund It will build a robust retirement corpus and is available through Tata AIA's Smart Pension Secure Plan. Both funds have the following asset allocation: 80 per cent to 100 per cent in equity and equity-related instruments Zero per cent to 20 per cent in cash and money market securities Features for investors Access to Alpha Stocks: Focus on companies with a strong track record of outperforming the market. Life insurance: Investors get insurance cover along with market-linked returns. Long-term wealth Focus: Ideal for financial goals that span several years, like retirement. Strategic diversification: Exposure to multiple sectors with a data-driven stock selection process. 'The new funds are positioned to capitalise on India's strong economic fundamentals and rising consumption,' said Harshad Patil, Chief Investment Officer, Tata AIA Life Insurance. 'We are combining life cover with high-growth equity exposure, giving customers both financial protection and investment growth.' Tata AIA funds' performance Top 200 Fund: 32.3 per cent CAGR in five years Multi-Cap Fund: 31.4 per cent India Consumption Fund: 30.4 per cent Notably, 99.93 per cent of Tata AIA's fund assets under management are rated 4 or 5 stars by Morningstar, much higher than the industry average of less than 30 per cent. How to invest? Investors can access these funds through select Tata AIA life insurance products such as: Param Raksha Life Growth+ / Pro / Maxima+ Pro Fit Shubh Muhurat Shubh Fortune
Straits Times
7 hours ago
- Business
- Straits Times
Singapore shares in the red amid mixed regional showing; STI down 0.3%
SINGAPORE – Shares here declined on June 20 amid concerns over a possible US strike on Iran and the resulting dangers to oil supplies. US equity markets were closed for the Juneteenth holiday overnight, so investors here had to look elsewhere for leads and they didn't like what they saw. While news that the US has delayed any Iranian intervention for two weeks slightly eased tensions, the looming uncertainties still pushed stocks lower. 'The worsening global geopolitical weather keeps investors in a cautious mode, and will likely prevent them from taking too much risk before the weekend,' said Swissquote Bank senior analyst Ipek Ozkardeskaya. The wary mood helped send the Straits Times Index (STI) down 0.3 per cent or 10.75 points to 3,883.43 but gainers beat losers 253 to 203 on solid trade of 1.3 billion securities worth $2.2 billion. The geopolitical uncertainty did not take much of a toll on regional indexes. While Japan's Nikkei 225 and Australia's ASX 200 both slipped 0.2 per cent, the Kospi in South Korea climbed 1.5 per cent, Hong Kong's Hang Seng added 1.3 per cent and Malaysian stocks edged up 0.1 per cent. The Hang Seng Index is now nearly back to its March 2025 highs following the announcement of the trade war truce, noted Morningstar equity market strategist Kai Wang. He added that 'tariffs may again rear its ugly head' in the second half of the year, noting: 'We could see their consequences and whether earnings are under pressure as there are still headwinds to consumer confidence.' The STI's top gainer was conglomerate Jardine Cycle & Carriage, which advanced 3.3 per cent to close at $24.45, while Frasers Logistics and Commercial Trust led the blue-chip losers, falling 2.4 per cent to 81.5 cents. The three local banks were mixed: UOB edged up 0.5 per cent to $34.89; OCBC fell 0.6 per cent to $15.90; and DBS slipped 0.1 per cent to $43.88. THE BUSINESS TIMES Join ST's Telegram channel and get the latest breaking news delivered to you.
Business Times
8 hours ago
- Business
- Business Times
Singapore shares end Friday in the red amid mixed regional showing; STI down 0.3%
[SINGAPORE] Local stocks ended lower on Friday (Jun 20), amid a mixed regional performance and growing concerns over a possible US military strike on Iran. The benchmark Straits Times Index (STI) fell 0.3 per cent or 10.75 points to 3,883.43. Across the broader market, advancers beat decliners 253 to 203, with 1.3 billion securities worth S$2.2 billion changing hands. While the news that the US is giving itself two weeks to decide whether to intervene in Iran has slightly eased tensions, the looming uncertainties still pushed US and European equities lower. 'The worsening global geopolitical weather keeps investors in a cautious mode, and will likely prevent them from taking too much risk before the weekend,' said Ipek Ozkardeskaya, senior analyst at Swissquote Bank. Amid this geopolitical uncertainty, key regional indices in Asia-Pacific were mixed. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Japan's Nikkei 225 and Australia's ASX 200 both slipped by 0.2 per cent. Meanwhile, South Korea's Kospi Composite Index climbed 1.5 per cent, Hong Kong's Hang Seng Index rose 1.3 per cent and the Bursa Malaysia Kuala Lumpur Composite Index edged up by 0.1 per cent. The Hang Seng Index is now nearly back to its March 2025 highs following the announcement of the trade war truce, noted Kai Wang, Asia equity market strategist at Morningstar. He highlighted that markets were volatile from January to April due to tariff concerns and suggested that the second half of the year will highly be dependent on tariffs again, but 'tariffs may finally rear its ugly head'. 'We could see their consequences and whether earnings are under pressure as there are still headwinds to consumer confidence,' he added. The top gainer on the STI was Hong Kong-based conglomerate Jardine Cycle & Carriage (C&C), which gained 3.3 per cent or S$0.77 to close at S$24.45. The biggest decliner among the constituents was Frasers Logistics and Commercial Trust (FLCT) , which shed 2.4 per cent or S$0.02 to S$0.815. The three local banks ended mixed. UOB edged up 0.5 per cent or S$0.18 to S$34.89, OCBC fell 0.6 per cent or S$0.09 to S$15.90, while DBS slipped 0.1 per cent or S$0.05 to S$43.88.
France 24
10 hours ago
- Business
- France 24
Crude sinks as Trump delays decision on Iran strike
Speculation had been swirling that Trump would throw his lot in with Israel, but on Thursday he said he would decide "within the next two weeks" whether to involve the United States, giving diplomacy a shot to end the hostilities. While tensions are sky high amid fears of an escalation, the US president's remarks suggested the crisis could be prevented from spiralling into all-out war between the Middle East foes. Since Israel first hit Iran last Friday, the two have exchanged deadly strikes and apocalyptic warnings, though observers said the conflict has not seen a critical escalation. European foreign ministers were due to meet their Iranian counterpart on Friday in Geneva. In a statement read out by White House Press Secretary Karoline Leavitt, the president said: "Based on the fact that there's a substantial chance of negotiations that may or may not take place with Iran in the near future, I will make my decision whether or not to go within the next two weeks." Leavitt added: "If there's a chance for diplomacy the president's always going to grab it, but he's not afraid to use strength as well." Both main oil contracts were down around two percent Friday but uncertainty prevailed and traders remained nervous. "Crude still calls the shots, and volatility's the devil in the room -- and every trader on the street knows we're two headlines away from chaos," said Stephen Innes at SPI Asset Management. "Make no mistake: we're trading a geopolitical powder keg with a lit fuse. "President Trump's two-week 'thinking window' on whether to join Israel's war against Iran is no cooling-off period -- it's a ticking volatility clock." Stocks were mixed following a public holiday in New York, with Hong Kong, Taipei, Mumbai and Bangkok all up with London, Paris and Frankfurt. Seoul's Kospi led the gains, rising more than one percent to break 3,000 points for the first time in nearly three and a half years. The index has risen every day except one since the June 4 election of a new president, which ended months of political crisis and fuelled hopes for an economic rebound. Tokyo fell as Japanese core inflation accelerated, stoked by a doubling in the cost of rice, a hot topic issue that poses a threat to Prime Minister Shigeru Ishiba ahead of elections next month. There were also losses in Shanghai, Sydney, Singapore, Manila and Jakarta. The Middle East crisis continues to absorb most of the news but Trump's trade war remains a major obstacle for investors as the end of a 90-day pause on his April 2 tariff blitz approaches with few governments reaching deals to avert them being imposed. "While the worst of the tariffs have been paused, we suspect it won't be until those deadlines approach that new agreements may be finalised," said David Sekera, chief US market strategist at Morningstar. "Until then, as news emerges regarding the progress and substance of trade negotiations, these headlines could have an outsize positive or negative impact on markets." Key figures at around 0715 GMT Brent North Sea Crude: DOWN 2.6 percent at $76.85 per barrel Tokyo - Nikkei 225: DOWN 0.2 percent at 38,403.23 (close) Shanghai - Composite: DOWN 0.1 percent at 3,359.90 (close) London - FTSE 100: UP 0.3 percent at 8,819.26 Euro/dollar: UP at $1.1517 from $1.1463 on Thursday Pound/dollar: UP at $1.3467 from $1.3429 Dollar/yen: DOWN at 145.38 yen from 145.63 yen Euro/pound: UP at 85.51 pence from 85.36 pence © 2025 AFP
