Robo-Advisory Archives - Page 3 of 9

Robo-advisor performance: June 2020

While most portfolios have continued to post monthly gains, only a few have offset the losses incurred since February.

While all portfolios have continued to post monthly gains, only a few have offset the losses incurred since February.

Aqumon now has several B2B partners, including CMB Wing Lung Bank and insurance firm AIA.

The platform will make use of mutual funds managed by local firm PNB.

Similarly, Kuala Lumpur-based BIMB IM also launched its own robo-advisory platform last month.

All portfolios rebounded last month but they have not offset the losses incurred since February.

BIMB IM started to manage ESG portfolios when it partnered with a UK firm in 2015.

All portfolios had their steepest monthly declines in March since the coronavirus outbreak started.

Separately, a number of Asia-based robo-advisory firms have already partnered with banks in the region.

As global markets tumbled last month, all aggressive portfolios had steep declines in February but still beat their respective benchmarks.