18-12-2017
Kenanga Investors' First Artificial Intelligence Fund
Kenanga Investors launched Malaysia’s first artificial intelligence ("AI") driven fund, Kenanga Global Multi Asset Fund (“KGMAF”) in November 2017. KGMAF leverages on breakthroughs in AI to identify profit opportunities from short term predictive relationships in pricing and volume data. It then constructs portfolios with a focus on capital preservation based on forecasts of instruments’ movements. The AI system learns and improves over time to achieve investors’ objectives as investment decisions are based solely on an algorithm which spots opportunities in asset mis-pricings.