The viral success of ChatGPT has again shone a light on automated advice, although most experts agree that the future modeol is a hybrid one.
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The viral success of ChatGPT has again shone a light on automated advice, although most experts agree that the future modeol is a hybrid one.
Hong Kong investors can now access over 160 funds distributed by Allfunds on Endowus’ digital wealth management platform.
Amid increasing adoption of digital and robo advisors, wealthy investors have expressed concerns over the lack of a personal touch with their financial advisors.
The Singapore-based firm is prepared to make further acquisitions.
The firm has also partnered with BNY Mellon to provide investment advice.
Despite the robo-advisor hype, banks will continue to dominate sales channels as they roll out rival digital channels, according to Cerulli.
Besides its partnership with Mitsubishi UFJ, the firm is also collaborating closely with Franklin Templeton to provide more wealthtech propositions in the country.
Following its acquisition of an ETF manager.
The portfolios are comprised of funds managed by JP Morgan AM, Natixis IM’s Mirova, Pimco, Schroders and UOB Asset Management-Robeco.
The Singapore-based digital wealth manager has at least $1bn in AUM.
Part of the Mark Allen Group.