Robo Advisors have spooked parts of the Financial Industry with their no-frills Wealth Management solutions. While the ETF industry is successfully using them as another distribution platform for their products, smaller banks and independent Asset & Wealth Managers are at risk of falling behind.
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In our paper we demystify the “robo” term and, shedding light on the performance of leading German players, show why we think that Multi-Asset Funds are still a very good alternative for end investors.
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