Aktiva Fonder Asset Management, the Stockholm based provider of Ucits, is seeking further seeding for a new strategy based on use of predictive analytics.
The methodology, which involves tracking, reading and understanding internet traffic, has been flagged previously via a free to use service called whatismonitor.com.
Aktiva Fonder said that the buy and sell signals generated by the analytics would form the basis for a daily traded Ucits strategy.
So far seeding of €50m euro has been secured, but the manager said it is looking for total seeding of €100m before committing to the launch. Further details are available by contacting www.afamfunds.com