Opportunities of China’s Robo-advisor in the Context of Artificial Intelligence and Big Data

• 발행기관: 한국유통과학회
• 저자명: Xin YANG
• 간행물 정보: 『KODISA ICBE (International Conference on Business and Economics)』2018 International Conference on Business and Economics (ICBE 2018), 179~185쪽, 전체 7쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2018.06.25

영문 초록

The development of artificial intelligence and big data technology has spawned the emergence of robo-advisor. Although prospect of robo-advisor is promising, the development path will be more tortuous. This article analysed the development potential of robo-advisor in China and indicated the shortcomings and barriers by comparing China s largest intelligent investment platform- ‘Machine Gene Investment’ of China Merchant Bank-with the more mature robo-advisor platforms in the United States. It is concluded that robo-advisor has enormous opportunities in China is of no doubt; but to seize opportunities, the robo-advisor still depends on the improvement of capital market in China and the further advancement of artificial intelligent technology. Thanks to the rapid growth of China s wealth management sector, the future of robo-advisor market is promising, but also face some difficulties and challenges. The low-cost strategy of robo-advisor is not a remarkable advantage due to the undeveloped ETFs market in China. However, as the market of asset management products has gradually matured and diversified, and the degree of internationalization of China s financial market has gradually increased, the resolution of the lacking of the investment vehicles is only a matter of time.

목차

1. Introduction

2. Literature Review

3. MGI Analysis

4. Conclusions

키워드

Robo-advisor Artificial Intelligence Big Data China