Robo advisers in the country can now conduct automated portfolio rebalancing, as interest grows among local and foreign firms in entering the business.
Tag : robo adviser
Developments in automated investing are expected to revolutionise elements of asset management, pushing more money into advanced robo funds.
The government-backed online distribution platform aims to partner fund and fintech houses on new services. Industry observers say easing of local rules will help the sector develop.
The firm is planning a robo-advisory platform, but has ruled out working with technology vendors because it feels their aims are overly short-termist.
Private banks are seeking to develop robo-adviser offerings or buy small rivals to tackle the potential threat from big telecoms or technology firms. This is the second article in a two-part series.
Automated advisers have been touted as disruptors of wealth management in Asia, but some feel the banks are too powerful to dislodge. This is the first of a two-part series on robo-advisers.