European asset manager Candriam announced the relaunch of its Far Sailing Fund Investeringsplan on November 3, emphasizing AI-based trading strategies and sustainable finance. The fund aims to raise between €50 million and €200 million, seeking annualized returns near 20% over a three-to-five-year horizon. Its previous iteration achieved 300% gains before closure last year. The revamped vehicle integrates ESG metrics and machine learning to optimize risk-adjusted performance. Candriam said the fund will appeal to institutional investors aligning with next-generation AI and environmentally conscious portfolio diversification trends.