Veteran investor Jim Rogers is taking a bet that artificial intelligence is the next big thing in exchange-traded funds.

Singapore-based Rogers will work with ETF managers group to launch a global macro exchange traded fund (ETF). Rogers' ETF is the first passive artificial intelligence (AI) backed ETF using AI for every investment decision, according to a statement from ETF managers group.

Asian Fintech Interests 

Rogers is best known as a commodity expert but the new launch, in collaboration with his fintech firm Ocean Capital Advisors, is the first time an equity ETF has been marketed under his name.

In recent years the world-renowned investment expert has acquired a portfolio of financial technology business interests. In 2017 he invested in Beijing based online securities company Tiger Brokers and ITF a fintech bank. Rogers was also an early investor in the tech based Singapore Diamond Exchange.