home to answer over the Internet a few questions, transfer money, and already own assets with more attractive returns. Understand that some investors under a Robo-Advisor, which means about as much as a robot-adviser.
That computer programs perform all the processes automatically, is often think nor desire. Misleading is the term "adviser," because an individual consultation not applicable in the case of a typical Robo-Advisor, to a large extent. However, as Algorithms take over part of the work, this is asset management for small investors. The conditions are more favourable than in the case of actively-managed funds. The rate of return in previous years was higher than in the Bank account. In addition, the system is comparatively safe, as the money is usually invested in diversified index funds. In this respect, Robo-Advisors are a suitable investment.
Still, skepticism is warranted. Due to the good stock market years, it was not in the last few years, difficult to achieve increases in value. In the hardness test with courses, the rattling in the basement, will have to prove themselves, the Robo-Advisors, the urge for about five years in the market, yet.
the market Is still not Mature?
Little confidence in the fact that after the initial euphoria several providers give your business evokes. For example, the Glarner Kantonalbank from your Investomat the end of November, and attributed this to low demand. Also the insurance company Allianz Suisse is not your Robo-Advisor Elvia E-Invest at the end of the month, since the market was ripe for it.
According to the most recent Asset Management study by the Institute for financial services the University of Lucerne Robo-Advisors have managed in the past year in Switzerland of around 320 million Swiss francs, which corresponds to a market share of just 0.01 percent. Otherwise in the USA, where Robo-Advisors reached in the same period, with assets under management of $ 430 billion, with a market share of over 2 percent. The reason for the significant difference lies, not least in the price: The fees in the USA are significantly lower than in this country.
they were in 2018, in Switzerland at an average of 0.73 percent of assets managed – in the United States, however, at just 0.36 per cent (excluding product costs, and taxes). Benjamin Manz from the Internet portal money of the country.ch that compares services, among other things, financial, justified the price difference with the economies of scale: "The American market is significantly larger, the fixed costs on more customers."
Manuel Rütsche, head of asset management at VZ wealth center, looks to the future of Robo-Advisors is still not black. On the contrary: "We have seen in this area of strong growth," he says. More vendors, with parts that grow, in part, to a low level. Rütsche, however, is convinced that it is a hybrid between an automated online solution needs and personal advice. A provider of a pure online offering, for example, on the App of a mobile phone would have a leg to Stand on. "Many Swiss still wish to speak personally with a counselor before you entrust to a financial institution for your money," explains Rütsche.
Postfinance increases a
Soon, a new competitor is added: Postfinance confirmed that it will launch in the first half of the year 2020, an electronic asset management. Like most of the other providers, Postfinance intends to rely primarily on Exchange-Traded Funds (ETF). The are exchange-traded funds, which track an Index such as the SMI. There's not a Person manages the compilation, is also passive Fund the speech. In the case of these lower fees.
Some financial service providers offer with the Robo-Advisor, but also other products. At Swissquote, there are even primarily actively managed products such as stocks, bonds, commodities, real estate and crypto-currencies. Also the VZ assets the center's actively managed equity portfolios are possible. Yova invested in individual stocks with a focus on sustainability. And in clever circles, the user can choose passive index products and can review before your purchase decision on what others have chosen. The strategy of Robo-Advisors address, can differ so greatly. For investors, it is recommended to inform, prior to the conclusion of the contract about.
Almost all of the suppliers to confirm on request that the investors can multiply to the minimum position of your capital with a savings plan and regular payments of smaller amounts. Only Swissquote denies this.
also Important are the fees are, because they influence the net return. Several providers from the levels of the fees according to the amount of managed assets: The more money a customer entrusted to the financial services provider, the lower the fee is.
Created: 10.11.2019, at 18:02