Robo-advisers want to be more than a one-trick pony
Robo-advisers leveraged tech and easy passive investing to bring customers on board. Now they are reaching for new markets as they strategise for growth
INVESTING today feels quick and painless – a few clicks, and access to a bewildering array of funds, equities and bonds opens up. Paralysed by uncertainty? Robo-advisers are on hand to shape a portfolio based on your risk appetite and themes.
Personal investing has taken on an automated twist ever since robo-advisers arrived in Singapore in 2016.
Riding a wave of growing preference for passive investing, these platforms came on the scene bearing set portfolios that offered exposure to different markets and themes, at a fraction of the cost of individually buying across multiple funds. Even portfolio rebalancing is passive, automated to prevent concentration of allocations.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Opinion & Features
Indonesia adds a pinch of chilli against the US dollar
Not just fun and games: How mobile games have become big business
As COP29 planning begins, reforms needed to fulfil Paris ambition
Markets are embracing India’s Modi for what he won’t do
Meta’s results are best viewed through rose-tinted AI glasses
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders