In recent years, the finance industry has undergone a significant transformation thanks to the advent of artificial intelligence. From asset pricing and portfolio asset allocation to derivatives and sustainable finance, AI is making its presence felt in a variety of ways. By providing new and innovative solutions, AI is helping finance professionals to better understand complex financial data and make more informed decisions. This book explores how AI is modernizing finance and offers a comprehensive overview of how this technology is shaping the future of the industry. With its ability to analyze large amounts of data quickly and accurately, AI is providing finance professionals with new tools and insights that can help them make better decisions. Whether it’s identifying investment opportunities or managing risk, AI is playing an increasingly important role in the finance world.
Table of Contents
Preface: AI, the Next Chapter in Finance
Chapter 1: Asset Pricing
Chapter 2: Portfolio Choice and Asset Allocation
Chapter 3: Efficient Markets
Chapter 4: Derivatives
Chapter 5: Fixed Income
Chapter 6: Market Microstructure
Chapter 7: Robo-Advising
Chapter 8: Financial Risk Management
Chapter 9: Sustainable Investing
Chapter 10: Sentiment Analysis
Chapter 11: Financial Analysis
Chapter 12: Alternative Data
Chapter 13: Generative AI
Chapter 14: Risk and Regulation of AI in Finance
Conclusion
Appendix A: Reinforcement Learning Models
A Lecture on AI and Sustainable Investing
Large Language Models for Scientific Research
