Smart Wealth Asset Management has launched its Irish Collective Asset Management Vehicle (ICAV) with two AI-driven sub-funds: the SW MultiAsset AI Flagship Fund and SW Global Equity Plus AI Fund. The company aims to reach \$2 billion in assets under management within three years, leveraging AI technology to outperform industry benchmarks and deliver strong risk-adjusted returns.
Smart Wealth Asset Management AG, a prominent Swiss asset manager specialising in AI-driven investment products, has officially launched its Irish Collective Asset Management Vehicle (ICAV). The launch introduces two innovative sub-funds: the SW Multi-Asset AI Flagship Fund and the SW Global Equity Plus AI Fund, marking a major step forward for the company.
Smart Wealth has set its sights on raising $2 billion in assets under management (AUM) over the next three years, with an initial $100 million from LP investors across Europe, the Middle East, Asia, and Australia.
Proprietary AI-driven investment strategy
At the heart of both funds lies Smart Wealth’s proprietary AI-based forecasting and optimisation technology, which has been consistently outperforming industry benchmarks for over two decades. The technology has already been adopted as a Software-as-a-Service (SaaS) by some of the world’s largest financial institutions.
“AI is a term that is used liberally, but our model seeks to remove human bias completely,” stated Dr. Miró Mitev, Founder and CEO of Smart Wealth. “Our results validate our approach, with our investment products delivering superior risk-adjusted returns on core assets. Our AI determines smart beta strategies for highly liquid, blue-chip assets, offering higher returns for any given level of risk.”
The SW Multi Asset AI Flagship Fund is designed to invest in a diversified range of assets including equities, bonds, and commodities. The fund leverages a track record developed through Smart Wealth’s Multi-Asset Global Rotation AMC product, which has been operational for almost five years. This product has established itself as a top performer among global multi-asset funds, demonstrating the effectiveness of Smart Wealth’s AI models in driving strong, consistent returns.
The SW Global Equity Plus AI Fund, on the other hand, focuses on global equities and is both UCITS eligible and Sharia-compliant. This fund offers a unique combination of global exposure, ethical investment credentials, and strong risk-adjusted returns, all while adhering to rigorous international regulatory standards.
Strategic partnership with Russell Investments
Smart Wealth’s new ICAV structure has been launched in collaboration with Russell Investments, a leading global investment solutions provider with over four decades of expertise. Russell Investments will manage the seamless execution of Smart Wealth’s AI model-driven strategies, ensuring the efficient delivery of these innovative investment products to a broader investor base.
Jim Leggate, Head of EMEA at Russell Investments, commented: “We’re excited to support Smart Wealth as their dedicated implementation partner in expanding access to their AI-driven investment strategies. Leveraging our deep implementation experience and strong track record of working with leading asset managers globally, we aim to help Smart Wealth bring these innovative strategies to market efficiently and at scale.”
A vision for the future of asset management
Founded by Dr. Mitev, a financial engineer and investment strategist, Smart Wealth has been at the forefront of AI application in asset management since 2001. Dr. Mitev’s work in refining AI models for financial markets has consistently outperformed traditional investment approaches.
“The only effective way to compare AI solutions is by realised performance,” Dr. Mitev added. “Our long-term performance results speak for themselves. Our AI model is designed to protect investor capital during bear markets by removing human emotional biases from investment decisions, reducing drawdowns and allowing for faster recovery from market declines.”
Smart Wealth’s AI-driven approach has demonstrated its resilience in high-volatility periods, recovering from market declines in 60% less time than traditional benchmarks, offering investors greater security and peace of mind.
Key collaborators and partners
The ICAV structure’s successful launch is backed by a solid network of collaborators. Alongside Russell Investments, other key partners include:
- Carne: Alternative Investment Fund Manager
- Northern Trust: Administrator and Depository
- Dechert LLP: Legal Advisor
- Deloitte: Auditor
About Smart Wealth Asset Management AG
Smart Wealth Asset Management AG is a Zurich-based asset management firm specialising in AI-driven investment solutions. Founded by Dr. Miró Mitev, the company has been pioneering the use of AI optimisation and forecasting techniques in asset management since 2000. Over the years, Smart Wealth has refined its proprietary algorithms, consistently generating annual returns between 14% and 22%, far surpassing the performance of many leading asset managers worldwide. With a focus on removing human limitations, Smart Wealth offers investors a unique opportunity to access products that deliver exceptional risk-adjusted returns.
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