Switzerland lags behind in the adoption of robotic advisors and investment technologies

Swiss investors lag behind their European counterparts in the use of investment technologies. New study by Swiss Avaloq, who conducted the survey 1430 investors in 10 Europe and Asia, Showed, what only 8% of swiss respondents I invest with robo-advisors.

Switzerland lags behind in the adoption of robotic advisors and investment technologies

This figure lags behind Germany, France and the United Kingdom, Where is 17%, 10% And 14% investors accordingly use robotic platfors. At all 10 Asian investors were the most open to investment technologies: 52% respondents in China, 36% in Hong Kong, 23% in Singapore and 21% in India said, what robo-advisors use. These results point to some reluctance of Swiss investors to use robotic consultants., despite, that these services are much cheaper, than traditional financial advisors and planners, on which they rely 18% Swiss respondents.

Studying the costs of money management in Switzerland in 2021 year, Moneyland.ch found, that on average, traditional asset management clients pay about 1,37% per year for a portfolio of shares worth 1 million CHF compared to the average 0,62% per year for digital service providers.

As for cryptocurrencies, sentiment varies greatly from one market to another. India and Germany are most open to the emerging asset class: 49% And 45% of respondents in these markets invest in cryptocurrencies. At the other end of the spectrum is Japan., where only 11% respondents pointed to investing in cryptocurrencies. Swiss investors are somewhere in the middle: 25% respondents invest in "crypto".

2021 the year was a turning point for the adoption of cryptocurrencies and digital assets in Switzerland. Research of the investment company CV VC, based in Zug, Showed, that investors are entering the market at a rapid pace this year and a number of large Swiss institutions are currently preparing to place digital assets, which indicates an increase in customer demand, which can no longer be ignored.

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Based on Fintech materials

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