The five best providers – and their strategies

Frankfurt Robo advisors are growing – but not as fast as the industry hopes. The automated asset managers doubled their assets under management on the German market last year to twelve billion euros. This is shown by an exclusive study by the fund analysis company Fonds Consult. There are also big differences in return, risk and costs.

In its study, Fonds Consult measured the three-year success of robo-advisors for the first time and analyzed the risk-weighted returns in various strategies over the past three years up to the end of 2021 – i.e. both in the pandemic-ridden 2020 with extreme fluctuations on the stock market and the good Stock exchange year 2021. 24 providers were examined, who together make up more than 90 percent of the market.

Several providers performed well – with different strategies. The small Robo Minveo or the Sparkasse Bremen subsidiary Smavesto rely on machine-controlled strategies, while Solidvest relies on manager-controlled portfolios. The Union Investment subsidiary Robo Visual Vest takes a mixed approach.