Taiwan-based financial services company First Securities Investment Trust (FSITC), with support from Qraft Technologies, has launched its First Financial Quantitative Japan Fund.
Qraft Technologies, a South Korea-based software company developing artificial intelligence (AI) solutions, has supported FSITC with its AI models.
The AI deployment builds on a business partnership between Qraft and FSITC, initiated earlier this year, to set up new benchmarks in investment management.
The partnership was designed to employ advanced quantitative strategies to enhance stock selection and risk management, said Qraft.
Qraft Technologies CEO Marcus Kim said: “The launch of the First Financial Quantitative Japan Fund is a natural extension of our commitment to bringing AI-driven financial solutions to the forefront of the asset management industry.
“These particular AI models are designed to capitalise on current market conditions in Japan, identifying opportunities where traditional analysis might fall short. We are excited to provide investors with a powerful tool for long-term growth.”
The fund leverages Qraft’s AI models to provide investors with a unique opportunity to access the Japanese equity market, at a time when stock valuations have become attractive.
The AI models were specifically designed to address the fund’s investment mandate to navigate the Japanese market and to identify undervalued stocks while also managing risk.
Japan is strengthening its position in the tech landscape, particularly in semiconductors and data centres, and global technology companies are expanding their presence in the country.
The First Financial Quantitative Japan Fund aims to tap into these opportunities by focusing on sectors that are set to benefit from these developments, said the software company.
FSITC chairman Yao Zhao-wen said: “The collaboration with Qraft Technologies goes beyond just AI-themed investments and positions them as a leading player in the local fund industry.”
