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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
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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