Why robo-advisors look set for malfunction

There has been a lot of noise about the provision of low-cost, automated strategic asset allocation portfolios to retail clients. But the economics doesn't add up, says Morningstar.


Quick Poll

How will you alter your portfolio after the US election result?





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Underweight US
  17%
 
Overweight US
  42%
 
Underweight EMs
  6%
 
Raise cash levels
  20%
 
No change
  15%
TOTAL VOTES: 144
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