Ned Phillips, co-founder and CEO of Singapore-based Bambu, discusses the state of robo-advisory business in Asia.
Based in Singapore, Bambu is one of several leading B2B wealthtechs, designing A.I.-led investment solutions for financial institutions to serve to their consumers.
Phillips speaks with DigFin‘s Jame DiBiasio about growth in the business, its impact on banks’ traditional role as distributors of investment products, and how it is changing the way asset management companies see their role.
He concludes with why robo needs to stay boring even if that means short-term underperformance for the industry.