Robo selectors seek to challenge research firms

Robo fund selectors could struggle to disrupt companies that provide data services and research to Asia’s asset managers and owners, despite their focus on crunching quantitative data quickly, argue market experts. The introduction of automated product pickers, which use algorithms to compare and analyse the performance of funds, is seen by private banks as being more likely to supplement than replace human fund pickers, as we reported in part one of this article. Some industry …