Smart Wealth is known for its data-driven investment strategy. Now, research and capital markets are to be even more closely intertwined, the company announced on Monday. A newly established committee will be chaired by Professor Manfred Deistler, an internationally renowned figure in the field of econometrics.

The emeritus professor from TU Vienna was already involved in the development of the original forecasting and optimization technology, which today forms the foundation of the Smart Wealth model.

Setting New Standards

As a Fellow of the Econometric Society, the Journal of Econometrics, and the IEEE, he stands for academic excellence. He was also a scientific advisor to Siemens’ fin4cast group.

His return as a strategic leader alongside Smart Wealth marks a renewed focus on proven academic strength, with the aim of setting new standards in AI-based asset management, the company further announced.

Support From Zurich

Professor Michael Wolf, University of Zurich (Image: provided)

In addition to Deistler, Smart Wealth has appointed another expert to the advisory board: Professor Michael Wolf from the University of Zurich. A Stanford PhD in statistics and econometrics, he is considered one of the leading minds in the field of large-scale covariance estimation and resampling-based inference.

As a Fellow of the Society for Financial Econometrics, he also brings international renown.

Both professors are expected not only to provide advice but also to actively contribute to the further development of Smart Wealth’s technology. Their current research flows directly into the algorithms that have enabled the company to outperform traditional asset managers for over 20 years.

Research with Future Potential

An example of the close integration of science and practice is Melanie Heldenberg. Her Master’s thesis in the field of Quantitative Finance, supervised by Professor Deistler, served as the foundation for her current doctoral dissertation within Smart Wealth’s research program.

Heldenberg was recently awarded the «Engelbert Dockner Master Thesis Award», a testament to the high academic standards of the initiative.

This positions Smart Wealth not only as a technology pioneer but also as a talent incubator for the next generation of quant investors and AI specialists, the company further noted on Monday.

«AI Alone Is Not Enough»

For Miró Mitev, founder and CEO of Smart Wealth, the creation of the advisory board is a logical step in the ongoing development of the company’s DNA: «Our technology delivers above-average risk-adjusted returns because it is based on data – not opinions. But AI needs scientific guidance. That’s the only way it remains future-proof and robust,» he emphasized.

Smart Wealth Asset Management is a FINMA-regulated asset manager based in Zurich, specializing in AI-driven investment strategies for more than two decades.