Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 7th International Conference on Economic Management and Green Development
Series Vol. 44 , 10 November 2023
Open
Access | Article
Comparison of Fund Robo-advisor and Manual Decision-making —Focused on China Securities Examples
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Abstract
As a major achievement in the field of Fintech, intelligent investment has gradually become popularized in China due to its low-cost and low-barrier advantages. However, few studies have compared the income gap between robo-advisor and manual decision-making. As a well-known securities company in China, China Securities is at the forefront of the development of intelligent investment and has achieved good results in fund business and intelligent investment business. This study compares fund products managed by China Securities' fund manager with those on the robo-advisor trading platform "Qingting Butler". By comparing its cumulative rate of return during the period and daily yield, calculating the Adjusted R-square, average value, and overall variance, using the unary linear regression analysis method, to explore the gap between manual decision-making and robo-advisor. Based on the comparison between the two major decisions, it will preliminarily explore the development of robo-advisor in the Chinese market and provide a quantitative basis for investors when facing artificial and intelligent investment choices.
Keywords
robo-advisor, intelligent investment, China securities, fintech
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 7th International Conference on Economic Management and Green Development
- ISBN (Print)
- 978-1-83558-109-4
- ISBN (Online)
- 978-1-83558-110-0
- Published Date
- 10 November 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/44/20232210
- Copyright
- 10 November 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited