But what exactly is robo-advice and how does it differ from traditional platforms? James Robinson, an associate at Alexander Forbes Wealth, says robo-advisers are an online solution for investors which make use of algorithms to manage a portfolio based on a client’s personalised parameters.The client inputs their time horizon and risk appetite before a quick calculation gives the investor a choice of funds that suits their requirements.
A Research and Policy Briefs by the World Bank states that robo-advisers can provide several advantages over traditional human advisers. Robo-advisers can be conveniently accessed at any time, from anywhere with an internet connection.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business Maverick: Glencore’s Congo tragedy highlights security conundrum for minersThe deaths of 43 illegal miners at a Glencore facility in Congo last week highlighted a growing challenge for mining companies struggling to secure sites from small-scale prospectors digging for cobalt, copper and other minerals.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Investors See Trade Truce Giving Risk Assets Short ReprieveA trade truce between the world’s biggest economies will probably fuel a relief rally across risky assets, albeit a short-lived one.
Source: dailymaverick - 🏆 3. / 84 Read more »
GDP still best indicator of wellbeing | Business | M&G🔒 New Zealand is being lauded for introducing the world’s first wellbeing budget, which aims to shift the focus from gross domestic product (GDP) towards the “wellbeing of people”. One can introduce these fanciful things with a relatively well off but tiny population of 4,7 million people. That could make more sense.
Source: mailandguardian - 🏆 2. / 92 Read more »
Lubbe targeted black firms – new evidence | IOL Business ReportPICInquiry: Despite Mpati Commission evidence leader Jannie Lubbe's claims that he never prejudiced black-owned companies, new evidence has emerged suggesting he may have done so in a different letter to the one he tabled before the commission last week. When you paying back the money or just gonna keep writing stuff to get sympathy ?
Source: IOL - 🏆 46. / 51 Read more »
Cathy Guetta is just my business partner, says Black Coffee | IOL EntertainmentThe superstar DJ dragged some Twitter users after he took to the platform to clarify that Cathy Guetta was in fact, not his ... Lad_Maezy _Lifestyle Yall bullied this man and his business partner, smh _Lifestyle Well please teach her boundaries 😕
Source: IOL - 🏆 46. / 51 Read more »