Danish robot makes 14.8 percent pre-launch return for autonomous AI fund

A new fully-automatic Artificial Intelligence fund developed by Fintech startup Innolab Technology is set to launch as soon as the product wins permission from the Danish FSA. Geared towards professional investor, the fund has made a return of 150 percent in "walk forward" tests from 2012.

Will portfolio managers soon be oblivious? They are now in a fully automatic AI based fund. | Photo: Colourbox

by LYKKE OGSTRUP LUNDE

An advanced robot named Crys is the synthetic brain behind an innovative new investment fund developed by Danish Fintech startup Innolab Technology.

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Danish robot makes 14.8 percent pre-launch return for autonomous AI fund

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Front page now

AP2 teams up with think tank to identify deforestation exposure in global portfolios

Loss-making trading platform plans to delist

BlackRock: High number of US investors plan to increase allocation to green transition

Despite predicting more losses, Alecta is prepared to increase Heimstaden investment

Asset management giant in the wake of the crisis: Foreign investors are looking to the Nordics again

Nicolai Tangen is a huge fan of the Women in Finance Charter but stresses that promotions must be fair

Startup bets wood can make wind turbines even greener

Pension funds abandon dialogues with oil majors and divest shares

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

Swedish asset manager kicks off new fund with leading Nordic institution

More than one third of managers do not report ESG violations to Varma, despite shared values

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

Further reading

Asset management giant in the wake of the crisis: Foreign investors are looking to the Nordics again

BlackRock: High number of US investors plan to increase allocation to green transition

Nordics show clear appetite for new asset classes, BlackRock survey reveals

Loss-making trading platform plans to delist

Mandatum, Handelsbanken and Storebrand were the real winners of Q2

Despite predicting more losses, Alecta is prepared to increase Heimstaden investment

Jobs