Man & machine: Building a knowledge platform to develop predictive prowess in asset management

Big changes are afoot across a broad spectrum of the financial services industry. For example, in the wealth management and investment advisory space, thanks to huge technological developments in recent years, traditional wealth managers have a new competitor to face; the robo adviser, which sounds exciting but it is less the Terminator and more machine learning software, using algorithms to learn investor behaviour and automatically invest into portfolios based on clients’ goals and risk threshold. Such is the rise of the robo adviser, which includes Betterment and Wealthfront, Nutmeg, Money on Toast (!), not to mention Vanguard and Fidelity, that projections made by consultant A.T. Kearney suggest that AUM in this sector could reach USD2.2 trillion in the next five years.  The robo adviser trend is pertinent as it provides a snapshot…


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