Lumenai Investments LLC Winner

Lumenai Investments’ website explains it is an artificial intelligence investment service designed to make it easy for investors and advisers to create hyper-custom, alpha-generating investment strategies tailored to their goals, risk criteria and values. Its AI engine and research partner is ETS Asset Management Factory, a quantitative and AI investing specialist in Madrid, founded in 1987.

John Bailey, a partner in Lumenai, says the firm is the first AI investment service for family offices and institutional investors.

“We help investors design their own investment strategies, perform [research and development], review different options and launch a portfolio using self-learning artificial intelligence, big data and pattern recognition technologies,” he says.

The firm specifically focuses on researching, developing and managing customized long, long-short and market-neutral portfolios.

According to Bailey, the firm is innovative because its goal “is to make institutional-quality investing hyper-personalized, yet more effortless than ever, saving [portfolio managers] up to 95% of their time researching, managing and reporting on publicly traded investment portfolios.”

Bailey says that since the firm’s inception three years ago, Lumenai’s multi-asset portfolios—GO Quality and GO Dividends—have generated more than 5.6% alpha per annum, as of August 30, 2024.

“Over the last one and three years, our GO multi-asset portfolios have outperformed the Alpha Nasdaq OCIO Index of the top 50 outsourced chief investment officers in the U.S.,” he adds.

Finalists

• LGIM America
• TOBAM