Fintech one-year analysis: first robo-advisors are back in positive territory

May 24, 2020

3 Less than a minute

A man wearing a protective face mask walks by the Walk Street Statue of the Charging Bull after the opening bell on Wal — The “Charging Bull” in front of the New York Stock Exchange.imago images / UPI Photo

Although the corona crisis has hit many parts of the economy hard, the financial markets have recovered in recent weeks. This is also noticeable with the Robo-Advisorn. Fintechs automatically invest customer funds in ETFs.

The crash followed a strong start to the end of February. And the providers have not yet recovered from this, as new figures from the broker comparison portal show. But the values are rising again: in April alone, the customer portfolios gained up to seven percent (Easyfolio).

The overall balance is still clearly negative – and only a few providers perform better than the broker comparison portfolio.

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