UOB rolls out robo advisory services to Malaysia

UOB Bank expands its UOB Asset Management (UOBAM) Invest service, a robo-advisory service, for corporate investors who want to customise their investment portfolios online to help them meet their investment goals.

Corporate investors with a minimum investment of RM500,000 can utilise the service to access their portfolios enabling them to to abreast of matters amidst the Covid-19 market volatility.

The robo-advisor can generate customised portfolios proposals based on investment goals, risk appetite and investment profile, using a proprietary screening methology and asset allocation framework.

In a statement, Lim Suet Ling, chief executive officer (CEO) of UOBAM Malaysia, said that UOBAM Invest capitalises on UOB Asset Management’s strong investment expertise to help corporate investors optimise their investment strategies amid periods of heightened volatility.

“Economic shocks such as the Covid-19 pandemic highlights the importance of a risk-based approach to investing to help corporate investors limit the impact of short-term risk while meeting their long-term investment goals,” Lim added.

UOBAM Invest offers corporate investors the Digital Adviser portfolio planner, which can be used to generate automatically customised portfolio proposals, ranging from very conservative to very aggressive.

More information on UOBAM Invest can be obtained at www.uobam.com.my/uobaminvest/index.html.

 

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