Automated investment services that choose to exclusively target retail investors have plateaued. It has been seen that successful robo-advisers are those which have some sort of traditional adviser component to them.
New Zealand is slowly exploring the potential of robo advisory with a major bank rolling out its first robo advice tool. The other big NZ banks are not expected to follow suit immediately however it is only a matter time.
Middle East the third-largest source of cross regional capital globally as Arab investors look for brighter investment prospects internationally.
Many boutique asset managers are increasingly using ETFs as a low cost way of investing in an asset class and bolstering performance through stock picking and direct investment.
Factors such as economic growth and the subsequent rise in wealth will boost the demand for pensions and life insurance products, the demand for retail investment funds will consequently increase, and the widespread adoption of technology will make delivery of new products cheaper, bringing more consumers into the formal financial sector.