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.
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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.
All portfolios have continued to rise since the start of the year.
The cumulative returns of Aqumon’s portfolios have so far beaten their benchmark, the MSCI World Index.
All portfolios have continued their upward momentum since the start of the year.
All portfolios performed strongly in January after negative returns in December, with the aggressive portfolios posting the highest monthly returns.
Towards the end of the year, conservative portfolios fared better compared to the balanced and aggressive portfolios.
The three robo-advisers continued to have negative returns for all their portfolios.
How did our three featured robo-advisors fare during volatile October, when the MSCI World Index fell 7%?
Returns were muted last month for robo-advisors as well as their benchmark indices.
Part of the Mark Allen Group.