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Bailey McCann, Opalesque New York: Robo-investing platforms are having a moment. From Wealthfront to Betterment to Stash, a plethora of smartphone apps now promise to help you invest. But, the vast majority of these applications are targeted to millennials who want to set it and forget it. When it comes to robo-advisers for family offices or institutions, there are fewer options. Enter qplum a robo launched in February of last year, by Mansi Singhal, a former portfolio manager at Brevan Howard and Gaurav Chakravorty one of the early pioneers of high-frequency trading. qplum offers robo-advice for family offices, institutions, and high net worth individuals.
"I think institutions have been left behind by a lot of FinTech out there," Singhal tells Opalesque. "A lot of the robos are tailored for retail investors and they don't construct portfolios with investment outcomes in mind the way that institutions do."
qplum is trying to stand out from the crowd by creating actively managed portfolios that look a little more like what institutional investors have come to expect from human fund managers. qplum has three primary strategies - momentum investing, risk parity and market allocation. Each strategy uses a quantitative approach for ETF selection and is actively managed.
"We are using artificial intelligence, machine learning and deep learning methods to optimize our allocations," Singhal explains. "People have a tendency to think all quantitative shops are black...................... To view our full article Click here
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