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Relax, robot will invest for you

By Qiu Quanlin In Shenzhen, Guangdong | China Daily | Updated: 2016-07-14 07:47

Funds, wealth management companies seek to make portfolio-building scientific and automated for small investors

CreditEase Corp, a leading Chinese peer-to-peer or P2P lending and wealth management company, launched ToumiRA, a computerized investment advisory service, or "robo adviser", if you will, in late June, to help small investors create global portfolios inexpensively.

ToumiRA will target individuals with small and medium assets, according to Tang Ning, chief executive officer of CreditEase.

Relax, robot will invest for you

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