Since then, more than 20,000 ING-DiBa customers have invested over £440m. AltFi provides market-leading news, opinion, insights and events for the rapidly-growing alternative finance and fintech community. While the mean portfolio size is reported to be approximately €42,000 (£35,000), the company has also captured growth by attracting several high net worth clients. Scalable now has $125 million in assets under management, and its AUM is growing by $7.5 million each week, according to the company. Fintech and alternative finance headlines with an exclusive Editor's Note each week. Moola partners with BlackRock to launch online investment service, Charles Stanley targets smaller investors with Personal Portfolio Service, IG launches online "Smart Portfolios" built with iShares ETFs, Deutsche Bank expands online investment platform with robo-advisor service, Aviva to buy majority stake in robo-advisor Wealthify, BlackRock to acquire robo-adviser FutureAdvisor, Fidelity’s passive sector ETFs surpass $1 billion in assets, Uber partners with MoneyFarm to offer drivers ETF-based pension products, Recon Capital enhances ETF platform to help smaller firms enter market, Cantor Fitzgerald acquires ETF strategist Efficient Market Advisors, Use of this website is subject to the terms of our, Research Affiliates launches multi-factor climate transition indices, First Trust folds four single-country AlphaDEX ETFs into one, ICE ETF Hub expands custom basket program, MSCI adds Paris-aligned indices to climate transition line-up, Hang Seng introduces Chinese e-commerce index, Low carbon ETFs to drive ESG growth in Europe, Goldman Sachs to merge five thematic ETFs, EQM Indexes launches smart beta junior gold miners index, Factor ETFs continue to grow in popularity, finds Invesco, China-Hong Kong “ETF Connect” commences with quadruple launch. One way the company achieves this is through using value-at-risk metrics at the core of its investment decisions. In addition, AltFi runs major industry events around the world. Rival digital investment manager Moola is set to launch in the UK in January 2017 having recently received authorization from the Financial Conduct Authority. Scalable Capital, founded in 2014, saw €100m of inflows in its first in the first eleven months. Scalable Capital now manages more than two billion Euros for private clients across Europe. As you were browsing something about your browser made us think you were a bot. Scalable Capital has passed more than €1bn of assets under management (AUM) just 2.5 years after launching its digital wealth management services, according to a statement by the firm. "We’ve grown our assets under management faster than the robo-advice pioneers from the US who started a few years before us and which now manage more than ten billion US dollars,” he said. Scalable Capital doubles AUM to €200m in three months, Robo-advisor Scalable Capital launches in the UK, BlackRock buys minority equity stake in Scalable Capital, ETF robo-advisor Scalable Capital reaches €500m in assets. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. We are therefore convinced that the majority of investors will use digital investment solutions in a few years' time. The use of leading technology and the cost advantages are compelling reasons to use digital wealth managers rather than invest in actively managed funds. Long-term structural winner from scalable industries. This amounts to a doubling of assets within 18 months. Scalable Capital claims lead in Euro robo race as assets hit €2bn. Against the background of the growing pension gap in the UK, this is a welcome and required behavioural shift, and we’re proud to be able to help our clients to be better prepared for their retirement.”. When you add to that how few people feel confident managing a capital market portfolio themselves, a service like ours is the obvious solution for most private investors," says Adam French, co-founder and Director of Scalable Capital. Share. Back in January it made the move into 'hybrid' robo-advice' with the launch of human advice from regulated financial advisers on demand for customers. . “Using modern technology, providing full transparency about downside risks and offering lower fees allows us to convince our clients to move away from cash savings to investment accounts. The average age of a Scalable Capital client is currently 50, eight years older than it was a year ago. The impressive gathering of assets positions Scalable as one of the fastest growing digital investment managers in Europe and highlights the strong demand for online portfolio management services. Brilliance Capital is a bottom up equity investment manager We focus on consumer, manufacturing, pharmaceutical, internet and cyclical sectors We invest in China A, Hong Kong and US ADRs Our team is … Partnerships with ING-DiBa in Germany, BlackRock and Siemens Financial Services have been important drivers of growth, the firm says. Our growth story is just getting started, and we look forward to more success in 2017 as we build on strong momentum in the UK and our market-leading offering in Germany.”. More than a third of investors are over 55 years old. “The majority of our clients work with data, formulas or software on a daily basis. Almost half of customers also use a free savings plan, which averages over £350 per month. Due to the lack of official reporting obligations, however, all figures are to be taken with a pinch of salt and may actually be considerably lower.