2024-12-24 10:57:03
Author: Magnum Research Limited / 2023-07-24 13:52 / Source: Magnum Research Limited

FINTECH: AQUMON's AI Investment Strategy Outperforms Hong Kong and mainland China Stock Indexes by 17%+ in 2018

HONG KONG,Jan. 28,2019 -- 2018 was a difficult year for financial markets,with the Hang Seng and CSI 300 Indices declining 14% and 23% respectively. Geopolitical events,especially the trade war,also drove up volatility in financial markets. The struggle to capture market alpha in 2018 was felt amongst all investors. Nevertheless,AQUMON,a Hong Kong based robo-advisor developed by MagnumResearch Limited,with its unique algorithm-driven investment strategies saw significant outperformance in 2018. AQUMON's AI HK Alpha and AI China Alpha strategy beat their respective Hong Kong and mainland China stock benchmarks by 17% and 23%. Both strategies utilise Machine Learning techniques to select a portfolio of top-performing Hong Kong and A-share stocks.

FINTECH: AQUMON's AI Investment Strategy Outperforms Hong Kong and mainland China Stock Indexes by 17%+ in 2018


AI investment conference

AQUMON,is a robo-advisor with a mission to make investing simpler and more affordable with its algorithm-based platform. AQUMON not only creates active investing strategies to help investors obtain excess return but also has strategies focusing on long-term stable investment. Their proprietary SmartGlobal Max product,is a globally diversified US ETF-based solution with low minimum capital required (HK$ 40,000) along with low annual fees (0.8%). This is currently already available to investors through their app and web based platform.

The interest by investors in AI's application in investment portfolios was apparent at AQUMON's recent 2019 AI Investor Conference event. Over 100 investors attended the event. Speakers at the event mentioned that AI,although still in its early stages,already is seeing alpha application opportunities in investment portfolios. Furthermore,market outlook is likely to remain volatile so investment portfolios staying active and nimble is even more important in this market environment.

Given the current market sentiment,whereby general investors are worrying about the continued volatility in financial markets,AQUMON revealed they are also in the process of launching a safe and liquid yield-based product called SmartDeposit. It invests in short-term fixed income ETFs and thus can generate stable yet moderate returns even in the most volatile market situations.

AQUMON is a Hong Kong-based fintech startup backed by key investors such as the Alibaba Entrepreneurs Fund and the Bank of China International.

Photo - https://photos.prnasia.com/prnh/20190125/2356900-1

Tags: Banking/Financial Service Computer Software Computer/Electronics Financial Technology

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