Why Allocators Need a “Continuous Exploration Mindset” for AI Adoption – Top1000funds.com

Why Allocators Need a “Continuous Exploration Mindset” for AI Adoption – Top1000funds.com

By Top1000funds.com
Publication Date: 2025-11-21 01:27:00

Jon Webster (left), Jacky Chen and Amanda White (Conexus Financial). Photo: Jack Smith

Asset owners are experiencing a sea change in data management and analysis as artificial intelligence opens the doors to more efficient processing of investment information. But despite the promise, some may be wary of experimenting with the new technology because failures could potentially negatively impact budgets and culture.

This tension was recently explored at the Top1000funds.com Fiduciary Investors Symposium. Jon Webster, senior managing director and chief operating officer at CPP Investments 777 billion Canadian dollars ($554 billion), encouraged his fellow allocators to first shift their mindset to “continuous exploration” when it comes to AI.

He challenged the view that implementing AI experiments is inherently expensive, at least for an organization the size of CPP Investments. It subscribes to the enterprise version of ChatGPT…