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2021 | OriginalPaper | Buchkapitel

1. Robo-Advisory: The Rise of the Investment Machines

verfasst von : Peter Scholz, Michael Tertilt

Erschienen in: Robo-Advisory

Verlag: Springer International Publishing

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Abstract

Robo-advisors are an innovation in the financial market to provide automatized investment advice. We start this introductory chapter with a brief overview about the history of robo-advice. It started about ten years ago in the US and has spread over the globe since. The market volume has risen significantly, and the rise of both assets-under-management and number of clients is predicted to grow even further. We also throw a glance at the performance, which robo-advisors are generating, and find that robo-advice is by and large neither out- nor underperforming. In the next future, we assume that robo-advice may be combined with human elements, resulting in hybrid models which combine the best of two worlds.

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Titel: Robo-Advisory: The Rise of the Investment Machines
verfasst von: Peter Scholz
Michael Tertilt
Verlag: Springer International Publishing
Buch: Robo-Advisory
Print ISBN: 978-3-030-40817-6

Electronic ISBN: 978-3-030-40818-3

Copyright-Jahr: 2021
DOI: https://doi.org/10.1007/978-3-030-40818-3_1

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