Explained: What are robo-advisors and should you use one for your investing decisions?
Abhishek Kumar's role: Quoted
Abhishek Kumar explained that robo-advisory tools cut costs and take human bias out of investment decisions by automating them, and cautioned that tools built on modern portfolio theory can falter when investors act irrationally in volatile markets.
More of Abhishek's views on choosing an adviser
Business Insider India explains what robo-advisers are and how they use algorithms to give investment advice and manage portfolios. It notes the service is still at an early stage in India and weighs automated advice against a human adviser for more complex planning needs.
