HSBC Amanah Malaysia launches AI powered US Equity 5 Index


HSBC said the AI powered US Equity Indexes are the first and only rules-based equity strategies to use IBM Watson to continuously analyse and learn from millions of pieces of structured and unstructured data each day, and turn the data into investment insight

KUALA LUMPUR: HSBC Amanah Malaysia Bhd is using artificial intelligence (AI) as a method in equity investing with the launch of the AI powered US Equity 5 Index (AiPEX5) suite of structured products in the country.

It said on Tuesday the new index is especially relevant to investors in the country through this period of financial market unpredictability as it is able to identify companies whose stock prices are poised for growth while managing draw-down risk during times of high market volatility.

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