Ella Rabener , co - founder of BlackRock backed fund managers , believes greater use of automation would make the role of fund managers obsolete , adding technology can build bespoke portfolios using fractional automation , reported Damian results in Financial Adviser .
Ella Rabener, co-founder of BlackRock backed Scalable Capital, said greater use of automation would make the role of fund managers obsolete, adding technology can build bespoke portfolios using fractional shares, reported Damian Fantato in Financial Adviser.