AP3 Implements Strategies Based On In-House ML Algorithms

The Third Swedish National Pension Fund has implemented active alpha investment strategies based upon signals delivered by machine-learning algorithms developed in-house by Fredrik Giertz, senior manager, quantitative strategies at the pension fund. The investment process, in which the algorithms sit in the center of the allocation, was initiated earlier this year and has already delivered significant outperformance compared to other quantitative strategies, Giertz said.