Smith & Williamson unveils Artificial Intelligence equity fund
London-based investment boutique Smith & Williamson has launched a global thematic Artificial Intelligence equity fund.
London-based investment boutique Smith & Williamson has launched a global thematic Artificial Intelligence equity fund.
A robo-adviser that uses machine learning to create a balanced investment portfolio for clients is the latest automated service to launch in Hong Kong amid a string of new entrants into the competitive market.
Life assurers are having to make big strides to catch up with advisers and mass market retail providers when it comes to digital innovation to meet growing expectations from high net worth individuals (HNWI), according to Lombard International Assurance’s Aidan McClean.
BlackRock has acquired a significant minority stake in digital investment manager Scalable Capital.
Macquarie’s direct robo-advice service is to be shut down with its automated advice offering integrated into the bank’s wealth platform following the sudden death of founder and chief investment officer John O’Connell.
With South African clients focused on overseas investment opportunities, local wealth manager Private Client Holdings (PCH) uses investment science rather than psychometric testing to advise clients.
A combination of human and robo could be the answer for underserved Asian investors seeking low-cost technology-driven financial advice, a market that pure robo-advice providers have found hard to crack.
Chinese robo-advisers are likely to use data to personalise their services, bringing clients closer to a private banking experience, according to Gregory Van Den Bergh of Chinese fintech developer Micai.
Hong Kong’s Securities and Futures Commission (SFC) has proposed a set of suitability requirements for online platforms and robo-advisers which sell ‘complex’ investment products.
The UK’s Financial Conduct Authority (FCA) extend its robo-advice unit to include firms developing guidance solutions.
Hong Kong-listed Yunfeng Financial Group’s has launched a direct-to-consumer robo-adviser Youyu.
The chief executive of fledging robo-adviser ETFmatic has said the company is looking to target the IFA market as it continues to expand across Europe.