AI robots may serve as fund managers, aiming for perfection: starting from today, AI will be directly applied to all funds under management

Red Star Capital Bureau news, on June 1, Beijing Zhiyu Zhishan Investment Management Co., Ltd. (hereinafter referred to as "Zhiyu Zhishan Investment") announced that it will deploy the artificial intelligence-based robot Cybertron (tentative name) ) manages a private equity fund product alone.

Among them, the private equity fund products managed by Cybertron alone end at Zhishan No. 1, supervised by its general manager He Li.

Zhizhishan Investment said that the independent management of funds by AI robots will be its first attempt to integrate subjectivity with AI and invest in the global market in a quantitative way, laying a solid foundation for the AI ​​era.

At the same time, Zhiyu Zhishan also announced that it will arrange for four other researchers to independently manage four private equity fund products. "Starting in the second half of 2023, we will start the appointment of new fund managers and conduct association registration."

Screenshot from the public account "Zhizhizhishan Investment"

Red Star Capital Bureau found through the official website of the China Asset Management Association that Zhiyu Zhishan Investment was established in March 2016, with registered capital and paid-in capital of 10 million yuan, and its management scale ranges from 0 to 500 million. Yuan, what is the reason for the actual controller?

Among them, the Zhiyu Zhishan No. 1 private equity fund was established in April 2018 (fund number SCQ070). The management type is trustee management. The custodian is China International Finance Securities (600109.SH) and is in operation.

Based on a special notice from the Asset Management Association, based on the latest submitted information (updated in the first quarter), the fund’s existing scale does not exceed 5 million yuan.

Screenshot from the official website of China Securities Investment Fund Industry Association

According to the Private Equity Ranking Network, there are 14 funds under Zhishan. As of May 2023, the company's cumulative return is 15.47%, and the annualized return is 10.69%.

Screenshot Self-funded Ranking Network

On the morning of June 2, Zhiyu Zhishan Investment released the "Announcement on Directly Applying Cybertron (AI) to All Funds Under Management" on its official account. The announcement stated that after discussion and reflection by the team, Saibotan The real significance and value of Botan (AI) lies in the reshaping and integration of its value investment system, rather than being mainly used for trading.

Zhizhi Shan announced in the announcement, "So we will use Cybertron (AI) directly for all funds we manage starting from today to better embrace the era of artificial intelligence."

However, Zhizhi Shan did not specify whether it will let Cybertron manage Zhixian No. 1 alone in the second half of the year.

On June 2, Red Star Capital Bureau called Zhiyu Zhishan at the phone number published on the official website, but no one answered as of press time.

Red Star News reporter Yang Peiwen

Editor Xiao Ziqi

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