Heliad AG
FinLab AG: * Finlab subsidiary Patriarch launches ‘truevest,’ a new robo-advisor tool
DGAP-News: FinLab AG / Key word(s): Market launch/Miscellaneous
Frankfurt am Main, 02/06/2017 – Frankfurter Patriarch Multi-Manager GmbH, a FinLab AG investment team in Frankfurt am Main, launched a next-generation robo-advisor called “truevest” today. The tool’s new high-performance online asset management capability allowing investors to manage their own assets flexibly and economically, while also benefitting from Patriarch’s long track record of experience as an investor makes it truly unique. Users will have access to tried and tested investment strategies with currently over EUR 90 million in assets under management. Dirk Fischer, Managing Director of Patriarch Multi-Manager GmbH, explains customer benefits so: “truevest saves you money as transactions are significantly more affordable with our automated robo-advisor, while the quality of the products and concepts offered by truevest are completely identical to those offered via standard sales channels.” The four strategies have more than EUR 90 million in assets under management. Renowned, active asset management firms such as DJE Kapital AG (target fund strategies) and StarCapital AG (ETF strategies) are responsible for fund management. Over the past five years, earnings after costs have been 5.7% to 6.95% a year, with an average volatility of just 8.5%. Finlab AG Management Board member Kai Panitzki adds: “Truevest is creating a new financial trend by combining state-of-the-art online technology with extensive human expertise and experience. Truevest provides users with a simple, user-friendly online tool, letting determine their investment goals and risk levels, 24/7, i.e. without having to worry about banking hours, while providing an investment strategy to meet their needs. At the same time, truevest allows customers to benefit from Patriarch’s fund management experience.” After one year of development, truevest is now available online at www.truevest.de. About Patriarch Multi-Manager GmbH About FinLab AG: FinLab AG Kai Panitzki Tel: +49 69 719 12 80 0 E-Mail: investor-relations@finlab.de
06.02.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | FinLab AG |
Grüneburgweg 18 | |
60322 Frankfurt/Main | |
Germany | |
Phone: | +49 (0)69 719 12 80 – 0 |
Fax: | +49 (0)69 719 12 80 – 011 |
E-mail: | investore-relations@finlab.de |
Internet: | www.finlab.de |
ISIN: | DE0001218063 |
WKN: | 121806 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange; Open Market (Entry Standard) in Frankfurt |
End of News | DGAP News Service |