Finnish life insurer turns to AI in new fund launch for institutional market

Mandatum Life has, alongside an AI company, developed the Managed Futures Fund, an investment fund that combines human market expertise with probabilistic modelling and reinforcement learning to forecast trends in the financial markets.

Photo: Photo by Markus Spiske from Pexels

Unlike traditional quant funds that rely on static modelling and historical data sets, the new Managed Futures Fund at Mandatum Life uses an AI engine to continually update forecasts. This ensures that the portfolio manager’s investment decisions are informed by dynamic analysis, the company writes in a press statement.

“Combining probabilistic modelling with reinforcement learning represents a new era for the investment industry. In a world of more efficient markets, we are convinced that combining AI with human decision-making processes will give investors an advantage, and we’re excited to be at the forefront of it,” Mandatum Life’s Senior Vice President, Investment Solutions, Lauri Vaittinen says in the statement.

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