The Money Pouch Listed in Top 3 Roboadvisers in Asia

The Money Pouch's Free Wealth Management App recently ranked in the top 3 roboadvisers in Asia in the B2C section of the latest Kaplan Report.

Singapore, Singapore - July 10, 2018 /MarketersMedia/ —

The Money Pouch's Free Wealth Management App recently ranked in the top 3 roboadvisers in Asia in the Business to Consumer (B2C) section of Kaplan's Capital's latest research report about roboadvisers in Asia.

In the second report from Elena Okhonko, who is a financial adviser in Singapore and accredited CACS1&2 and CMFAS licence holder, the research paper looked into Business to Business (B2B), Business to Consumer (B2C) and Business to High Net Worth Individuals (B2HNWI) roboadviser models.

In the B2B category, the top three roboadvisers were Prive Technologies, Lumiq and Quantifeed.
In the B2C category, the top three roboadvisers were Stashaway, iAdvisor and The Money Pouch.

The report used an "inputs only" model to rank portfolio construction. The report recognises that this has its limitations as it doesn't require the historical return/risk data collection and analysis. Future reports in years to come will explore performance in more detail.

A spokesman for The Money Pouch commented, "We are excited to be included in the roboadviser report in our first year of managing client assets. The Money Pouch is about to reach 10,000 app downloads and since the report, we have improved the onboarding process for clients. Clients who already have an Interactive Brokers account can download the app, fill out the risk questionnaire and simply download a single page, scan and sign it to transfer management of their account over to The Money Pouch, managed by Hudson James Investment Management. Newer clients will need to answer more questions for regulatory, legal and tax purposes. They will also need to provide a passport copy and their latest utility bill. However, we now have an introductory video which explains how you can set up a new account in just 10 minutes. The account may then take a couple of days to pass all the compliance checks before trading can take place."

The key takeway of the report is that all roboadvisers will need to do more to educate investors as well as adding a human touch to improve customer service.

The Money Pouch is a free wealth management app you can download from the iTunes store or download The Money Pouch app via Google Play.

The Money Pouch uses low cost ETFs and a hedged momentum strategy to try to beat the market over the long run.

You can watch the video below explaining How to Set up an Automated Stock Trading Account in 10 Mins.

Contact Info:
Name: Richard Malpass
Organization: Hudson James Investment Management
Address: Wickhams Cay 1, Mill Mall Tower, Road Town, Tortola, BVI, VG1110
Phone: +1284 494 8945

Video URL:

" target="_blank">

Source URL: https://marketersmedia.com/the-money-pouch-listed-in-top-3-roboadvisers-in-asia/374776

For more information, please visit https://www.themoneypouch.com

Source: MarketersMedia

Release ID: 374776

More News From tech.aseancoverage.com

Chinese report says illnesses may be from new coronavirus

Jan 28, 2020

BEIJING — A preliminary investigation into viral pneumonia illnesses sickening dozens of people in and around China has identified the possible cause as a new type of coronavirus, state media said Thursday. Chinese health authorities did not immediately confirm the report from state broadcaster CCTV. Coronaviruses are spread through coughing or sneezing or by touching an infected person. Some cause the common cold and others can lead to more severe respiratory diseases, such as SARS and MERS. Such viruses are common in people but more exotic versions from bats, camels and other animals have caused severe illness. The novel coronavirus...

China says US has 'weaponized' visas to target exchanges

Jan 28, 2020

BEIJING — China on Wednesday accused the U.S. of having "weaponized" the issuance of visas following the reported inability of a top Chinese space program official to obtain permission to travel to a key conference in Washington. Foreign Ministry spokeswoman Hua Chunying told reporters that the head of the Chinese delegation to the International Astronautical Congress wasn't able to obtain a visa following an Oct. 12 interview, making it difficult for Chinese representatives to attend important events at the meeting. Reports said the vice chairman of the China National Space Administration, Wu Yanhua, had planned to attend the congress. Hua...

China criticizes Apple for app that tracks Hong Kong police

Jan 28, 2020

HONG KONG — Apple became the latest company targeted for Chinese pressure over protests in Hong Kong after the ruling Communist Party's main newspaper criticized the tech giant Wednesday for a smartphone app that allows activists to report police movements. HKmap.live, designed by an outside supplier and available on Apple Inc.'s online store, "facilitates illegal behavior," the People's Daily said in a commentary. "Is Apple guiding Hong Kong thugs?" the newspaper said. Beijing has pressed companies including Hong Kong's Cathay Pacific Airways to take the government's side against the protests, which are in their fourth month. Apple didn't immediately respond...

Japan spacecraft releases rover to asteroid in last mission

Jan 28, 2020

TOKYO — Japan’s Hayabusa2 spacecraft released a small rover on Thursday that will land on the surface of an asteroid as part its final mission before heading back to Earth, Japan’s space agency said. The Minerva-II2 rover began a slow descent to the asteroid Ryugu, the Japan Aerospace Exploration Agency, or JAXA, said. Hayabusa2 arrived in the area in June 2018. It has collected soil samples and other data from the asteroid 300 million kilometers (180 million miles) from Earth in a series of missions aimed at obtaining clues to the origin of the solar system. The spacecraft released the...

NASA chief says security needed to explore space safely

Jan 28, 2020

TOKYO — The head of NASA says space security is necessary so that the United States, Japan and others can safely explore the moon and Mars. NASA Administrator Jim Bridenstine said Wednesday that gadgets using space technology have become indispensable parts of people's lives and their safety must be preserved. Japan and the U.S. have long cooperated in space science, including the ongoing International Space Station program. On Tuesday, NASA and the Japan Aerospace Exploration Agency, or JAXA, confirmed Japan's participation in America's lunar and Mars exploration projects, including an Artemis lunar mission. Bridenstine is in Japan to gain Japanese...

AseanCoverage is a next-gen news site focusing exclusively on online news from South East Asia.

Contact us: sales[at]aseancoverage.com