This fund uses AI to pick stocks – and avoids concentration risk

Aggregate Asset Management's Aggregate Value Fund uses a machine learning-based stock selection engine to pick stocks, evaluating more than 150 indicators across technical analysis, company fundamentals, and academic research, and has pivoted to a global ultra-diversified strategy to avoid concentration risk in AI-themed stocks.

This fund uses AI to pick stocks – and avoids concentration risk It evaluates more than 150 indicators across technical analysis, company fundamentals and academic research CONCENTRATION risks in global stock markets are at multidecade highs, as investors flock to the seemingly compelling potential of all things related to artificial intelligence. But if you are concerned about concentration risk, as AI-themed stocks take up an outsized share of market indices, home-grown boutique asset manager Aggregate Asset Management AAM offers an alternative. The firm began deploying its own stock selection engine, which it developed using machine learning – a type of AI – around 2021. Since then, the Aggregate Value Fund AVF has pivoted from a focus on Asia equities into a global “ultra-diversified” strategy aimed at downside protection. TRENDING NOW /pulse?ref=trending-now Firm loses wrongful dismissal case despite following termination clause Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks Soilbuild’s Lim Chap Huat sues Brookfield, claims it reneged on joint venture: WSJ Citi, OCBC downgrade UOB post-Q2 results; RHB upgrades on valuation