Crossbridge Capital and Morningstar are collaborating on a newly-launched digital advisory platform that targets high net worth (HNW) individuals and US expats, which they believe are under-served in Asia.
Robo-advice will not kill off financial advisers but will instead help them cater to less profitable clients, according to chief executive of digital investment manager Moo.la, Gemma Godfrey.
Online investment platform Nutmeg has confirmed that it is in the testing stages of launching its automated advice service.
The Malaysian-based wealth management firm, Farringdon Group, said it plans to launch Asia’s fist Shariah-compliant robo-adviser in December.
South Africa’s Inkunzi Wealth Group (IWGSA) has launched a robo-advice tool aimed at the country’s professionals.
EValue founder Bruce Moss says robo-advice has the potential to irrevocably alter the consumer experience in the financial services industry, but it has to live up the regulatory standards and bespoke nature of traditional advice.
UBS is entering the robo-advice space as it prepares to bring a digital wealth management proposition to market next month in a bid to attract younger clients.
Technology is disrupting the asset management industry but offers many opportunities in the process, according to Dominic Traynor, head of digital at M&G Investments.
German insurance giant Allianz has bought an undisclosed minority share in Italian digital wealth manager MoneyFarm in a bid to keep pace with the fast-moving fintech sector.
Cross Border Planning, a Brussels-based advice firm catering to US expats in Belgium, has launched a robo-advice service aimed at providing low cost investment accounts for lower income clients.
Much has been written about the disruptive impact technology has and is liable to continue to have on the financial services sector but the point, however, is to take some action.
A random walk through the world of wealth management.
