AI Advancement Award 2025
The winners of the PLEXUS Artificial Intelligence Award from 2024
The winners of the PLEXUS Advancement Award for
Artificial Intelligence from 2025
The PLEXUS Artificial Intelligence Award
In 2025, PLEXUS Investments offered the “PLEXUS Award for Artificial Intelligence in Finance” for the fifth time. The award was once again endowed with 10,000 Euros, which will benefit the winners’ further research on AI and machine learning in the financial sector.
The Winners 2025
The PLEXUS Advancement Award was won by two applicants: Milena Vuletic’s dissertation is entitled “Multi-asset financial markets: mathematical modelling and data-driven approaches”, Andreas Pietschetsrieder’s master thesis is entitled “Optimizing S&P 500-Tilted Portfolios with Direct Weight Prediction Neural Networks: Information Ratio Performance under Realistic Constraints and Network Depth“. Their research papers are linked below the photos.
Milence Vuletic
Multi-asset financial markets: mathematical modelling and data-driven approaches
Andreas Pischetsrieder
Multi-asset financial markets: mathematical modelling and data-driven approaches
The Panel of Judges
Christof Kutscher
i.a. Executive Chair of Lancry Natural Capital.
Prof. Walter Farkas
Professor of Quantitative Finance with the Department of Banking and Finance at the University of Zurich, and Associate Member of the Department of Mathematics at the Swiss Federal Institute of Technology (ETH Zurich).
Prof. Stefan Mittnik
Professor of Financial Econometrics, until 2020 at the Ludwig Maximilian University Munich (LMU) and co-founder of Scalable Capital, a digital financial service provider.
The Conditions of Participation
The deadline for submitting research papers was 12/31/2025. Students with their Master’s thesis (in exceptional cases Bachelor’s thesis) and doctoral candidates with their dissertation submitted to a university or university of applied sciences to obtain their respective academic degree were eligible to participate. Read the complete conditions of participation in the linked document.
Expert Contribution from the Winners
Here, the two award winners, Milena Vuletić of Christ Church, University of Oxford, Andreas Pischetsrieder of the University of Liechtenstein, and PLEXUS Managing Director Günter Jäger explain why the next stage of AI development in asset management requires not (only) larger amounts of data, but above all deeper financial and economic expertise.
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