A mini digital detox in August, may reboot and upgrade my operating system. In this post, I am sharing a selection from this year`s posts focused on ETFs (a 50yrs old innovation) and robo-advisors.
2020 started with a healthy and growing $5trillion global ETF market. In the US there were 2,000 already trading on platforms with zero commissions.
The 3 big issuers of ETFs, Blackrock, Vanguard, and State street elegantly and without boosting about it, control 40% of the votes in the S&P500 companies.
The effect of the March crash on the bread & butter of robo-advisors and the digital investing fintech sector
The ETF market proved resilient in the abrupt March downturn and digital investing providers benefited hugely.
Motif Investing shut down and Stash got a huge capital infusion ($112) given its positioning.
In Europe Scalable Capital, the 3rd best-funded robo advisor, is re-bundling.
Robinhood is a VC darling and as much as I try to look away from what and how they do business, they keep giving me reasons to ask WHY.
Robo-advisor AUM has reached $1trillion but this is so behind from the 2015 projections.
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