AI Helped This Swedish Hedge Fund Achieve 24% Return On Investment

Volt Capital Management AB

Volt Capital Management AB, a Swedish hedge fund, outperformed its expectations by 14% return on the investment with the help of artificial intelligence. The company has around $30 million under management, which often invests in the short term. The company managed to achieve a 24% return on their investment this year.

The company claims that it could manage more than expected return on investment due to the use of artificial intelligence. During the COVID-19 pandemic, it is difficult to make predictions due to higher volatility in the market. But, with the combination of traditional economic models and artificial intelligence, the organisation managed to precisely predict the trends like the decrease in demand, oil price crash and currency appreciation of various countries.

This provided an edge to the company as it devised its strategies based on the outcomes of machine learning models. The company had over 200 economic models for making predictions, which can cause analysis of paralysis for a human as different models can point to different outcomes. However, with the help of artificial intelligence, the company was able to make a definite decision as the model automatically applied the right weightage for delivering precise results.

AIM Daily XO

Join our editors every weekday evening as they steer you through the most significant news of the day, introduce you to fresh perspectives, and provide unexpected moments of joy
Your newsletter subscriptions are subject to AIM Privacy Policy and Terms and Conditions.

Technical trading has been used for years for trading/investing, but often people get confused as one model’s result conflicts with the other. Thus, it is mostly left for the investors to decide based on the variables he/she envision to have the greatest impact. However, this might result in unexpected results and in turn, a negative return on investment. Consequently, the company leveraged artificial intelligence and moved away from the traditional approach, which to the firm’s, surprise gave a higher return. What makes this special is that the machine learning model delivered accurate results during the uncertain times caused by COVID-19.

Sign up for The Deep Learning Podcast

by Vijayalakshmi Anandan

The Deep Learning Curve is a technology-based podcast hosted by Vijayalakshmi Anandan - Video Presenter and Podcaster at Analytics India Magazine. This podcast is the narrator's journey of curiosity and discovery in the world of technology.

Rohit Yadav
Rohit is a technology journalist and technophile who likes to communicate the latest trends around cutting-edge technologies in a way that is straightforward to assimilate. In a nutshell, he is deciphering technology. Email:

Our Upcoming Events

24th Mar, 2023 | Webinar
Women-in-Tech: Are you ready for the Techade

27-28th Apr, 2023 I Bangalore
Data Engineering Summit (DES) 2023

23 Jun, 2023 | Bangalore
MachineCon India 2023 [AI100 Awards]

21 Jul, 2023 | New York
MachineCon USA 2023 [AI100 Awards]

3 Ways to Join our Community

Telegram group

Discover special offers, top stories, upcoming events, and more.

Discord Server

Stay Connected with a larger ecosystem of data science and ML Professionals

Subscribe to our Daily newsletter

Get our daily awesome stories & videos in your inbox