Fund Management

New investment fund will put artificial intelligence in the driver's seat

SoftCapital CEO Lars Pehrsson says pension fund portfolio managers feared the software would make them redundant. Now, the software company has established its own AI-drive fund: Robofunds.
”Ten years ago, it would have taken a week to do the calculations that the solution requires,” says Lars Pehrsson, CEO of SoftCapital. | Photo: PR / Softcapital
”Ten years ago, it would have taken a week to do the calculations that the solution requires,” says Lars Pehrsson, CEO of SoftCapital. | Photo: PR / Softcapital
by simon lund christiansen, translated by daniel pedersen

Danish IT developer SoftCapital will soon launch a new investment fund in the shape of a new company, Robofunds. The fund will invest exclusively using algorithms and artificial intelligence (AI).

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