The promises and perils of robo-advisers: Challenges and regulatory approaches

• Main Authors: Aurelio GURREA-MARTINEZ, WAN, Wai Yee
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2021
• Subjects: AI; financial services; robo-advisers; investment advice; financial advise; access to finance; Science and Technology Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/3459; https://ink.library.smu.edu.sg/context/sol_research/article/5417/viewcontent/SSRN_id3931448.pdf
• Institution: Singapore Management University

Artificial intelligence is changing the operation and business model of many intermediaries in financial markets. Investing through online automated platforms, known as robo-advisers, is becoming very popular worldwide. In fact, some studies estimate that robo-advisers will be managing USD 4.6 trill...