Wealthify

The FinTech sector has loads of new companies offering financial solutions to the time poor who can now use automated systems to buy investments.

https://www.wealthify.com/

is a new one that has just been taken over by Aviva PLC

https://www.aviva.com/media/news/item/aviva-to-make-strategic-investment-in-wealthify-17830/

Platforms like Wealthify are “Robot Investors” that invest client money into collective investments like Unit Trusts, and use various different types of asset classes and different types of funds

They spread the risk over these types of assets:-

Alternatives – 7%
Cash – 2%
Commodities – 11%
Corporate Bonds – 6%
Government Bonds – 12%
Property – 4%
Shares – 58%

Funds from investment companies such as:

Vanguard
Aberdeeen Asset Management
Henderson Janus
Fidelity
Legal and General
Blackrock
iShares

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