FSA starts the third year of its performance feature, which reports monthly returns versus a benchmark for three robo-advisors.

FSA starts the third year of its performance feature, which reports monthly returns versus a benchmark for three robo-advisors.
Executives at SSGA, UBS and KKR have personally invested seed money in Singapore-based Syfe.
It has been one year since FSA invested a hypothetical $1m with three robo-advisors operating in Asia. Did they beat their benchmarks? We summarise the one-year performance.
Global equity markets were down by at least 6% in May, dragging down a majority of the portfolios.
Raiz Invest has inked a joint venture agreement with Malaysia’s PNB after setting up in Indonesia last year.
Yunfeng Financial is also planning to add China-focused funds managed by mainland managers on their platform, according to Li Ting, the firm’s CEO.
All portfolios have continued to rise since the start of the year.
Hong Kong-based 8 Securities is preparing to launch a new robo-advisory platform, but investor education efforts are sorely needed.
The cumulative returns of Aqumon’s portfolios have so far beaten their benchmark, the MSCI World Index.
The personal touch is preferred over AI technology, according to a survey of UK millennial investors.
Part of the Mark Allen Group.