Robo-advice firm BetaSmartz, which offers automated investment platform for all sizes of investors, has been launched in Australia.
The company in a statement said its technology uses a wide universe of investment products to create portfolios that are equivalent in performance and sophistication to portfolios used by global fund managers.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
This flexible, scalable and efficient has been designed to suit institutions, adviser groups and individuals. The new firm will implement its platform at a number of Australian institutions.
The company’s portfolios use funds from across the world, with weighting towards liquid, low-cost ETFs. The platform also features actively managed funds and socially responsible funds.
BetaSmartz founder and CEO John James said: "Many firms are looking for a solution for their particular clients and BetaSmartz gives them a smart platform that can automate the production of sophisticated global portfolios for any investor.
"By applying the techniques of sophisticated global investors to a flexible technology platform we are democratising algorithmic investment."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataJames added that the BetaSmartz algorithms were based on over 60 years of academic research as well as industry expertise.
"Our algorithms create goal-based portfolios based on investment size, time horizon and risk appetite. Whether the investor wants global exposure, currency hedging, tax optimisation or socially responsible portfolios, the algorithms adjust to suit their specifications while meeting that same basic desire for investment growth.
"It solves the buy-vs-build conundrum for large institutions, and gives smaller ones the ability to offer world-class technology to clients under their own brand. It’s very well suited to large super/pension funds, who can offer a much wider and more tailored range of portfolios to members at a lower cost, as well as to small investors, "he added.
