Korean banks, brokerages adopt robo advisers
Mar 14, 2016
South Korean banks and brokerages have launched robo-advisory services to deliver consistent returns to investors at slimmer fees, the companies said Thursday, allowing artificial intelligence to encroach upon asset management handled by human beings. In the past few years, robo advisers have emerged globally as an alternative to human financial advisers who are active but often make costly investment mistakes, according to industry people.Korea has recently joined the growing trend to take adva