HSBC adds AI powered multi-asset index to US offering

HSBC has introduced the AiMAX, an AI powered rules-based multi asset index which is the first of its kind to use artificial intelligence as a means of constructing a diversified growth portfolio. The launch follows the arrival of the firm’s initial risk-controlled product which entered the market in 2020 . The AI Powered US Equity Index (AiPEX) was developed by investment technology platform EquBot. We've tried to be at the forefront of what we think is a revolutionary technology in our indus