Automated ETF portfolio tool launches in Asia
Hong Kong firm 8 Securities has set up what it says is the first such service in the region, amid projections that investors will pour onto such platforms in the next few years.
Hong Kong-based online trading firm 8 Securities has launched a system that constructs a portfolio of exchange-traded funds for customers based on their answers to a series of questions.
Mathias Helleu, executive chairman and co-founder, said ‘8 Now’ was the first such service to be launched in Asia.
Based on how they answer certain questions, an individual’s investment time horizon and risk tolerance is assessed and they are given a portfolio of ETFs chosen by fund research hou…
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