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Ant Financial and Vanguard Roll Out New Offering

Ant Financial and Vanguard Roll Out New Offering

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FintechNews RoundupUSA
··1 min read

Vanguard and Ant Financial have a joint venture and have created a new robot adviser to market to Ant’s 900 million users; the service is called “Bang Ni Tou” or Help You Invest; it targets users who have at least $113 to invest in mutual funds; users get advice in selecting a portfolio of investments which includes 6,000 mutual funds; from there transactions take place automatically and the service also helps users re-balance; the service is accessible through Alipay and Ant Fortune; data projects that the retail funds market could grow to $3.4 trillion by 2023, a number the two are looking to capitalize on; the venture has been approved by China Securities Regulatory Commission. Bloomberg

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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