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Robo-advisers, online wealth platforms gaining traction in S'pore

Two recently-launched platforms have chalked up encouraging assets under management; MAS planning public consultation
Tuesday, February 28, 2017 - 05:50

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(Above, from left) 8 Securities CEO and co-founder Mikaal Abdulla, Tarek Khlat, Crossbridge Capital co-founder and group CEO, and Charlie O'Flaherty, Crossbridge Capital head of digital strategy and distribution.

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A screenshot from Chloe, a business-to-consumer robo-adviser which went live in Hong Kong last November and is now live in Japan for iPhone and Android devices.

Singapore

ONLINE wealth-management platforms are poised to make a splash in Singapore this year, and regulators are watching.

Connect by Crossbridge, a digital platform with "robo-adviser" capabilities, has amassed US$3.3 million in assets under management (AUM) from 30 accredited

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