Robo-Advisory Archives - Page 4 of 9

Robo-advisor performance: January 2020

Raiz’s portfolios posted the highest monthly returns versus the benchmark, driven by the Australian equity market.

Grab plans to launch retail wealth management and investment solutions in Southeast Asia.

All portfolios were up in December except Raiz portfolios, which faced downward pressure from Australian equity and bond markets.

All aggressive portfolios performed well in November, but not all beat their benchmarks.

Hong Kong-based Magnum Research obtained a Type 9 licence in Hong Kong and is mulling plans to launch its own strategies.

Generally portfolios were up in October month-on-month, but most benchmarks were higher.

Nearly all portfolios delivered positive returns last month.

The conservative portfolios of the three robo-advisors delivered positive returns last month.

The market segment is believed to be underserved by boutique wealth managers.

Sydney-based Raiz Invest aims for expansion in Southeast Asia, but does not have any intentions of tapping the Hong Kong and Singapore markets.