SmartWealth Asset Management CEO Miro Mitev stated that recent volatility in the private markets space has once again exposed a fundamental weakness in human decision-making.
“What we have learned again in recent months is that humans do not manage risk particularly well at pace,” Mitev said, pointing to mounting liquidity pressures in private equity markets.
“Markets move quickly, but human behaviour often swings between panic and delay, particularly during periods of geopolitical stress, such as the recent tensions surrounding Iran and renewed concerns over global supply chains,” Mitev added.
SmartWealth, which specializes in both liquid securities (equities, bones, currencies, crypto-assets, ETFs) and non-liquid private assets (private equity, real estate, art collections and other luxury goods) has been leaning into artificial intelligence to counter those behavioral shortcomings. According to Mitev, the firm’s AI-driven strategy has recently outperformed its benchmark relative to peers.
“Our AI model remained objective throughout the …
This post was originally published here
