WATCH ON DEMAND – RECORDED: MAR 16, 2022
Robo-Advisors: What we know and what to expect
The first part of the talk will provide an overview of some of the key reasons behind the academic and industry interest in Robo-advisors, highlighting how Robo-advice could potentially address some fundamental problems in investors’ decision-making and traditional financial advice.
In the second part, Prof. Bianchi will discuss in more detail his work on Robo-advisors for small investors highlighting how Robo-advisors can promote financial inclusion based on his paper “Augmenting Investment Decisions with Robo-Advice” he co-authored with Marie Brière, Head of Investor Research Centre at Amundi.
Finally, he will conclude with some thoughts on what the next generation of Robo-advisors might look like, and more generally, on which role AI can play for financial services.
Milo Bianchi is Professor of Finance at the Toulouse School of Economics. His current research agenda focuses on fintech and on sustainable finance, with specific focus on individual investors. His work has been published in leading economics and finance journals including Journal of Finance, Review of Economic Studies, Journal of Economic Theory, and Management Science. Milo is junior member of the Institut Universitaire de France, director of the FIT-IN Initiative, and member of the Sustainable Finance Center and the Digital Center at TSE. Milo has received his PhD from the Stockholm School of Economics and he has held research positions at various institutions including MIT, Paris School of Economics, University College London, and Shanghai University of Finance and Economics.