Commercial Bank of Dubai rolls out robo-advisory investment app
SHARE Commercial Bank of Dubai, which counts Investment Corporation of Dubai as its biggest shareholder, rolled out a robo-advisory investment app to tap growing demand for online trading during the Covid-19 pandemic. The app, CBD Investr, offers customers access to globally diversified portfolios including stocks, bonds and other asset classes using low-cost exchange-traded funds. The portfolios are tailored to customers' goals, risk appetite and investment time horizon and will be actively monitored and optimised depending on changing market conditions, CBD said in a statement on Sunday. We...