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Smart Wealth’s Multi Asset AMC Outperforms Peers in 2024 for Third Consecutive Year
Smart Wealth Asset Management AG, the Swiss asset manager of AI-driven investment optimisation and forecasts, reports that its Smart Wealth Multi Asset Global Rotation (ISIN: CH0590207988) product was again the top-performing amongst its peer group of well-known multi asset products in 2024, according to Bloomberg data. Its AI-driven product delivered returns of 11 percent.
This 2024 result continues the product’s historically strong performance as the top performer in its peer group since its launch in February 2021. Since its inception, it has delivered impressive returns of 25 percent, outperforming its peers by more than 10 percent. The product’s success is due to Smart Wealth’s industry-leading AI-driven signals, which remove human emotional biases from the decision-making process, producing exceptional risk-adjusted returns.
Dr Miro Mitev, Founder and CEO of Smart Wealth, commented: “Ranked as the best performing multi asset product amongst its peers since its inception, our AI approach has consistently outperformed the world’s leading asset managers. After optimising and developing our AI technology for over two decades, this success reaffirms our commitment to leveraging cutting-edge AI to secure financial growth and resilience in an ever-changing market.
“AI has only recently been embraced by most firms, and many are making ambitious claims about the performance of their ‘AI’ solutions. However, AI often operates as a black box, making it extremely difficult to objectively compare the underlying models and solutions.
“As AI-driven products continue to proliferate throughout the market, we believe it is essential for investors to examine the outcomes of different AI-driven funds side by side, focussing on accurate, measurable performance rather than sweeping marketing claims. Therefore, at Smart Wealth, we are committed to providing the market with clear and transparent performance data.”
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