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Why global wealth managers yearn for robo-advisors to build AUM

Tarek Khlat, Group Chief Executive says “CONNECT is completely different and that’s the beauty of technology. Rather than servicing just clients with US$30 million, we’re engaging with clients with much smaller wallet sizes. They can create their own investment profile, their own asset allocation, and then they will be allocated a specific portfolio using an algorithm.,” Khlat says.

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