Tuesday, 2 May 2017

Chinese Banks, Brokers Eye Robo Advice For Edge On Competition

China’s wealth management industry is preparing for a boom in automated investment advice and trading programs, or “robo-advisors”, as brokerages, banks and insurers look for a cheaper way to increase revenue from retail clients. Robo advice services barely existed in China before 2015, but they are expected to manage $27.1 billion of assets at the

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