Robo sector not a quick profit fix

Robo sector not a quick profit fix

On 16th May, Investec announced that its digital investment service was to close its doors, following UBS’s decision to close its SmartWealth digital service last year.

In this article, Simon Bussy looks at whether this announcement is indicative of the whole digital wealth sector, or limited to one specific part of it, and, importantly, whether the sector is evolving at the pace it needs to.

The full article was published in FT Adviser on 5th June 2019.

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