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Jonathan Masci Benedicte Gravrand, Opalesque Geneva for New Managers: NNAISENSE, a Swiss start-up that develops artificial intelligence (AI) and machine learning applications, and ACATIS Investment, a German long-term value investment company, have partnered and will launch a European AI hedge fund imminently.
Quantenstein
The AI application that will be used by the fund is called Quantenstein, which has been developed for almost two years and will be presented at the NextGen Alpha conference in Frankfurt on 30th March.
"What we get is a portfolio manager which is completely automated," Jonathan Masci, one of NNAISENSE's co-founders, tells Opalesque.
A discretionary manager comes up with portfolio positions based on what he knows, he explains, and AI tries to mimic that, but following different principles, through a system that uses analytical and time-series data.
"For example, the price or any other information that the company might expose can be turned into a training set, which is usually what you do in machine learning,
consisting of inputs, the observed company data, and outputs, what should be predicted based on this observation.
"It's the same for balan...................... To view our full article Click here
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