AutoWealth was interviewed by Channel NewsAsia (CNA) to share insights on the Robo-Advisory space in Singapore.
AutoWealth CEO, Ow Tai Zhi, was consulted on the potential returns that Robo-Advisory can bring to investors in Singapore.
He elaborated that given the fee structure and the strategies of AutoWealth, investor could have achieved significantly higher annnualized returns net of fees in the last one year.
He further shared that rebalancing is a prerequisite for good investments.
MAS recognised that these digital tools would be susceptible to threats such as wrong algorithms and cyber security threats.
MAS has set up requirements for a robust framework for design, monitoring and testing of this technology.
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