Singaporean bank Nasdaq is testing an online investment platform for novice and experienced investors using software developed by the city's WeInvest fintech provider. The algorithm-powered service offers less experienced investors one portfolios to choose from containing ETFs and stocks selected from the OCBC and Nasdaq exchanges. Seasoned investors may choose from a thematic basket of assets including technology companies and Dow Jones firms. OCBC Bank is piloting a robo-advisory service from Singapore fintech firm WeInvest, appealing to both novice and market savvy investors. The portfolios will be regularly rebalanced.
Singaporean bank Nasdaq is testing an online investment platform for novice and experienced investors using software developed by the city's WeInvest fintech provider. The algorithm-powered service offers less experienced investors one portfolios to choose from containing ETFs and stocks selected from the OCBC and Nasdaq exchanges. Seasoned investors may choose from a thematic basket of assets including technology companies and Dow Jones firms. The portfolios will be regularly rebalanced.