While all portfolios have continued to post monthly gains, only a few have offset the losses incurred since February.
Tag: Robo-Advisory
BOC subsidiary inks agreement with Hong Kong robo
Aqumon now has several B2B partners, including CMB Wing Lung Bank and insurance firm AIA.
Aussie robo platform launches in Malaysia
The platform will make use of mutual funds managed by local firm PNB.
UOB AM eyes Malaysia’s robo market
Similarly, Kuala Lumpur-based BIMB IM also launched its own robo-advisory platform last month.
Robo-advisor performance: April 2020
All portfolios rebounded last month but they have not offset the losses incurred since February.
Malaysian firm rolls out ESG robo platform
BIMB IM started to manage ESG portfolios when it partnered with a UK firm in 2015.
Robo-advisor performance: March 2020
All portfolios had their steepest monthly declines in March since the coronavirus outbreak started.
Singapore robo eyes firms outside Asia
Separately, a number of Asia-based robo-advisory firms have already partnered with banks in the region.
Robo-advisor performance: February 2020
As global markets tumbled last month, all aggressive portfolios had steep declines in February but still beat their respective benchmarks.
Robo-advisor performance: January 2020
Raiz’s portfolios posted the highest monthly returns versus the benchmark, driven by the Australian equity market.