25 April 2017

Robo-Advisers - useful but not ultimate Solution

Robo-Advice - like the (related) growth in 'passive' investment strategies and vehicles - can be a worthwhile addition to any investor's toolbox. But the devil is in the detail - apart from the 64000 dollar question (The selection of the right investment strategy, sector etc) most Robo-Advisers (or Websites) can only cover a limited amount of available investment products. In the case of the recently-launched eVestor I notice with interest that they claim they 'invest with the largest investment companies in the world'. All very honest, but bigger is not always better!