The Money Pouch Listed in Top 3 Roboadvisers in Asia

The Money Pouch's Free Wealth Management App recently ranked in the top 3 roboadvisers in Asia in the B2C section of the latest Kaplan Report.

Singapore, Singapore - July 10, 2018 /MarketersMedia/ —

The Money Pouch's Free Wealth Management App recently ranked in the top 3 roboadvisers in Asia in the Business to Consumer (B2C) section of Kaplan's Capital's latest research report about roboadvisers in Asia.

In the second report from Elena Okhonko, who is a financial adviser in Singapore and accredited CACS1&2 and CMFAS licence holder, the research paper looked into Business to Business (B2B), Business to Consumer (B2C) and Business to High Net Worth Individuals (B2HNWI) roboadviser models.

In the B2B category, the top three roboadvisers were Prive Technologies, Lumiq and Quantifeed.
In the B2C category, the top three roboadvisers were Stashaway, iAdvisor and The Money Pouch.

The report used an "inputs only" model to rank portfolio construction. The report recognises that this has its limitations as it doesn't require the historical return/risk data collection and analysis. Future reports in years to come will explore performance in more detail.

A spokesman for The Money Pouch commented, "We are excited to be included in the roboadviser report in our first year of managing client assets. The Money Pouch is about to reach 10,000 app downloads and since the report, we have improved the onboarding process for clients. Clients who already have an Interactive Brokers account can download the app, fill out the risk questionnaire and simply download a single page, scan and sign it to transfer management of their account over to The Money Pouch, managed by Hudson James Investment Management. Newer clients will need to answer more questions for regulatory, legal and tax purposes. They will also need to provide a passport copy and their latest utility bill. However, we now have an introductory video which explains how you can set up a new account in just 10 minutes. The account may then take a couple of days to pass all the compliance checks before trading can take place."

The key takeway of the report is that all roboadvisers will need to do more to educate investors as well as adding a human touch to improve customer service.

The Money Pouch is a free wealth management app you can download from the iTunes store or download The Money Pouch app via Google Play.

The Money Pouch uses low cost ETFs and a hedged momentum strategy to try to beat the market over the long run.

You can watch the video below explaining How to Set up an Automated Stock Trading Account in 10 Mins.

Contact Info:
Name: Richard Malpass
Organization: Hudson James Investment Management
Address: Wickhams Cay 1, Mill Mall Tower, Road Town, Tortola, BVI, VG1110
Phone: +1284 494 8945

Video URL:

" target="_blank">

Source URL: https://marketersmedia.com/the-money-pouch-listed-in-top-3-roboadvisers-in-asia/374776

For more information, please visit https://www.themoneypouch.com

Source: MarketersMedia

Release ID: 374776

More News From The Financial Capital

Riot police storm Hong Kong malls to nip more protests

Feb 22, 2020

HONG KONG — Riot police stormed several malls in Hong Kong on Sunday in a move to thwart more pro-democracy protests, as the city's leader heads to Beijing for talks on deepening economic integration between the semi-autonomous Chinese territory and mainland China. There were calls online urging protesters to gather in seven locations to sustain a push for political reform following a chaotic day of protests and clashes with police on Saturday, with the anti-government movement showing no signs of letting up after nearly five months. Most of the rallies didn't pan out Sunday as scores of riot police took...

China says US has 'weaponized' visas to target exchanges

Feb 22, 2020

BEIJING — China on Wednesday accused the U.S. of having "weaponized" the issuance of visas following the reported inability of a top Chinese space program official to obtain permission to travel to a key conference in Washington. Foreign Ministry spokeswoman Hua Chunying told reporters that the head of the Chinese delegation to the International Astronautical Congress wasn't able to obtain a visa following an Oct. 12 interview, making it difficult for Chinese representatives to attend important events at the meeting. Reports said the vice chairman of the China National Space Administration, Wu Yanhua, had planned to attend the congress. Hua...

Hong Kong police say homemade bomb targeted officers

Feb 22, 2020

HONG KONG — A homemade, remote-controlled bomb intended to "kill or to harm" riot control officers was detonated as they deployed against renewed violence in Hong Kong over the weekend, police said Monday, in a further escalation of destructive street battles gripping the business hub. The "loud thud" Sunday night close to riot officers who had been clearing away a protester-built road block marked the first known use of an explosive device during protests that started in June over a contested extradition bill and have snowballed into an anti-government, anti-police and anti-China movement. "It exploded less than 2 meters (yards)...

Asian stocks gain after US, China announce truce on tariffs

Feb 22, 2020

BEIJING — Asian stock markets have risen after Washington and Beijing announced a truce on tariff hikes in a trade war. Benchmarks in Shanghai, Hong Kong and Seoul advanced. Japanese markets were closed for a holiday. President Donald Trump agreed Friday to put off planned tariff hikes this week on Chinese goods in a fight over Beijing's trade surplus and technology plans. In exchange, he said China would buy American farm goods. But the two sides reported no progress on basic disputes that sparked the 15-month-old fight that threatens global economic growth. Friday's truce "has simply temporarily halted the escalation...

China criticizes Apple for app that tracks Hong Kong police

Feb 22, 2020

HONG KONG — Apple became the latest company targeted for Chinese pressure over protests in Hong Kong after the ruling Communist Party's main newspaper criticized the tech giant Wednesday for a smartphone app that allows activists to report police movements. HKmap.live, designed by an outside supplier and available on Apple Inc.'s online store, "facilitates illegal behavior," the People's Daily said in a commentary. "Is Apple guiding Hong Kong thugs?" the newspaper said. Beijing has pressed companies including Hong Kong's Cathay Pacific Airways to take the government's side against the protests, which are in their fourth month. Apple didn't immediately respond...

Sign up now!

The Financial Capital is your independent source for finance information and advice. We provide insights and offer advice from financial experts so you can make the best decisions.

Contact us: sales[at]thefinancialcapital.com