AlphaTrAI, a venture-backed, asset management firm that delivers alpha through 'transformative artificial intelligence', has appointed Bruce Lavine as President, Asset Management.
Reporting to AlphaTrAI CEO Andreas Roell, Lavine oversees AlphaTrAI’s distribution, product design, strategy development and talent recruitment as the firm continues to grow and modernise the asset management space.
Roell says: “Demand continues to grow for a more dynamic, precise and efficient approach to diversified investing than traditional vehicles can offer. Bringing Bruce onto our senior leadership team enhances AlphaTrAI’s ability to modernise asset management for investors, adding value through targeted algorithmic investment models. His strategy, distribution, operation, product development and execution expertise make him the ideal choice to further facilitate our growth and development of future product offerings.”
Lavine’s experience includes a pioneering role in the development of the ETF industry beginning in the late 1990s. He was part of the original senior management team of the iShares business, now owned by Blackrock, acting as CFO and Head of Product Development. He then ran the European iShares business when it launched in 2003. He joined WisdomTree as President & COO in 2006 and remains a Board member there today. He has also acted as both the CEO and a senior advisor to startup RIAs.
Lavine says: “Throughout my career, I have had opportunities to bring innovative approaches to the mainstream of wealth and asset management, balancing the science and art behind portfolio construction. Working with Andreas and the team provides a new opportunity to again help push our industry into the future. Using the power of artificial intelligence to balance risk and reward gives investors incredible tools to reach their financial goals. I am excited to be at the forefront of this industry with AlphaTrAI.”
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