August was a rocky month for capital markets observers with a German perspective. Globally, both equities and debt securities broadly registered a sideward movement. Volatility was fairly low throughout the month with broad equity and bond indices having maximum differences[1] of around 3 per cent.
Persephone introduced its platform robotIQ™ last month which runs one version of its digital asset management solutions in an operational fashion to manage a range of retail portfolios. These managed portfolios, which are published at wikifolio.com for an objective and transparent record are compared to several robo advice offerings in the German market, which are tested by the comparison website brokervergleich.de [3].
The monthly stats are out since yesterday and here is an updated comparison [3],[4],[5].