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Robo-advisers byting on in Asia, says Standard Chartered Private Bank

With their propensity to lower cost-income ratios and improve productivity, robo-advisers have already started to play an important role at private banks in Asia, says Standard Chartered’s (StanChart) head of private banking engineering. “The adoption of robo-advisers in Asia has already begun, as service/product providers quickly expand their reach to the more exciting and lucrative Asian market,” says Marcel Fuerst who…

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