Deutsche Bank launches 'robo adviser' for equities investors


Robo advisers: Deutsche Bank's AnlageFinder, developed with fintech company Fintech, uses questionnaires and algorithms to put together individual equities portfolios for customers

FRANKFURT: Deutsche Bank has launched a computerized investment advisory service, seeking to keep up with other asset managers who have started introducing "robo advisers" to help certain clients create portfolios inexpensively. 

Deutsche Bank's tool, dubbed AnlageFinder, uses questionnaires and algorithms to put together individual equities portfolios for customers of its branded online investment platform and was developed in cooperation with financial technology company Fincite, Deutsche Bank said. 

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