Roboadvisor: Stashaway vs Syfe

[smoothtalker]

No trading bot algorithm can consistently catch these market whiplashes.

A bot designed to capture long-term trends will not catch such short-term whiplashes.
Similarly, a bot designed to catch whiplash trends will do the same sell low / buy high once the overall market trends back to long term growth.

And a bot that tries to track both consistent trends and whiplashes will always lag the market and will always miss out the initial instance where these paradigm shifts in market trend occurs.

I’m not sure what bot are you referring to.. Most robo advisors here are not doing algorithmic trading or the likes.. They do not execute trades like typical algorithmic API or quant trading system using momentum or swing etc.

Robos here are mostly digital wealth managers. The robo refers to automation and digitalisation of the client acquisition, KYC, trade aggregation, execution of rebalancing etc, with cost reduction as end goal. The portfolio construction and optimisation involve humans and passed through the compliance process. Nothing “bot” about it..

Previously I tried out some quant trading algorithms and they were generally reactive enough to generate positive returns and alpha even in market downturn.. so.. whether a portfolio is up to mark, it will show up in peer comparisons or some ratios like sortino.. sometimes resultant underperformance may be due to misguided views of the markets or delay in execution..

just my layman viewpoint..

 

[smoothtalker]

Syfe's ARI is shorting the market. Just my opinion.

I wonder why can’t they hedge with put options or other instruments and construct some self financing portion. Maybe it’s too costly.. or maybe.. haha..

 

[zarray]

I’m not sure what bot are you referring to.. Most robo advisors here are not doing algorithmic trading or the likes.. They do not execute trades like typical algorithmic API or quant trading system using momentum or swing etc.

Robos here are mostly digital wealth managers. The robo refers to automation and digitalisation of the client acquisition, KYC, trade aggregation, execution of rebalancing etc, with cost reduction as end goal. The portfolio construction and optimisation involve humans and passed through the compliance process. Nothing “bot” about it..

Previously I tried out some quant trading algorithms and they were generally reactive enough to generate positive returns and alpha even in market downturn.. so.. whether a portfolio is up to mark, it will show up in peer comparisons or some ratios like sortino.. sometimes resultant underperformance may be due to misguided views of the markets or delay in execution..

just my layman viewpoint..

Robo advisors are forms of algorithmic trading, albeit not focused on momentum or swing trading, but rather on tactical asset allocation based on historical trends and forward-looking economic outlook factors (interest rates, PMI indices, etc).


Any bros here with StashAway can share what has done with regard to their equity/bond asset allocation the last 2 months since the market crash? Would like to have a sense of how they have rebalanced over this period.

 

[smoothtalker]

I used both platforms before. algo-trading and robo advisors are not the same thing.. algo-trading is quant, and robo-advisors are digital wealth managers.. one is to generate alpha via trading, another is to profile risk and do goal based investing. I.e hedge fund v. mutual fund are also not the same thing.. a hedge fund may do fund of funds but a fund of funds is not a hedge fund..

Short answer is no. Not for my 36%. You may like to email Stashaway to clarify...

 

[assiak71]

Robo advisors are forms of algorithmic trading, albeit not focused on momentum or swing trading, but rather on tactical asset allocation based on historical trends and forward-looking economic outlook factors (interest rates, PMI indices, etc).


Any bros here with StashAway can share what has done with regard to their equity/bond asset allocation the last 2 months since the market crash? Would like to have a sense of how they have rebalanced over this period.

Stashaway did not change their asset allocation

 

[ycyc78]

Wonder anyone compare these two with endowus?

 

[assiak71]

Saw that stashaway has 15% in gold. Thats probably one of the reasons it has done reasonably well?

 

[Barracudaz]

Saw that stashaway has 15% in gold. Thats probably one of the reasons it has done reasonably well?

This is 16% portfolio?

 

[blurpandasg2014]

Updated. Syfe drop even lower

 

[tutonic]

This is 16% portfolio?

All portfolios until 26% risk has 15% gold. 30% portfolio has 8% gold. Only highest one (36%) has no gold.

 

[geekroute]

My stashaway portfolio on 36% risk is on showing pretty good returns.

 

[Kojo0403]

I am currently holding 50% in StashAway Global 36% risk and 50% in StashAway Income Portfolio.

 

[PongRareRare]

Is it wise to enter stashaway now?

 

[benlzy]

Just read through the syfe update on its conservative global portfolio and seems like it won't be rebalancing anytime soon.

 

[tutonic]

Stashaway finally re-optimising their portfolio by a bit.

 

[JetStorm]

anyone accepted stashaway optimisation recommendations?

Sent from Xiaomi REDMI NOTE 8 PRO using GAGT

 

[Ice]

anyone accepted stashaway optimisation recommendations?

Sent from Xiaomi REDMI NOTE 8 PRO using GAGT

Auto. You gotta trust the robo else might add well invest by yourself.

Sent from Nokia 8210 using GAGT

 

[zarray]

Stashaway finally re-optimising their portfolio by a bit.

Able to share the new asset allocation?

 

[tutonic]

Able to share the new asset allocation?

For the 30% portfolio, now got about 4% bonds, BNDX.
The equity side, XLK (technology) sell-off. Some of the XL-type ETF are reduced in their weightage. Gold % increased. VGK sell-off completely. IVV reduce weightage by 10%. Now buy 5% in emerging markets ETF, SPEM.

VGK's 8% allocation will now be in china tech ETF, KWEB. Highest risk portfolio will also hold AAXJ.

For my 16 or 18% portfolio (I forgot which one), VGK sell-off to buy KWEB. TIP sell-off to buy IGOV and more gold. FLOT complete sell-off to buy more BNDX.

Seems like they reducing exposure to US and increasing exposure to China.

Those are the ones for my portfolios.

 

[Captain89]

wonder why they wanna sell off XLK (technology) Thought it would be good to have...