A smart innovation that offers factor investing to retail clients – News
In the face of wealth, the United Arab Emirates-based company headquartered at ADGM, has announced a partnership with Canadian heavy truck quantitative investment provider ActivFactor. The strategic collaboration is part of the launch of first factor investment Wealthface, which helps retail clients build their factor portfolios in the US market to improve results, reduce volatility and enhance diversification.
In the midst of this partnership and using cutting edge technology, Wealthface has seen a huge demand for this type of solution in the consumer and institutional market. The factoring industry is estimated globally at $ 1.9 trillion and is expected to grow by $ 3.4 trillion by 2022. Wealthface offers a range of solutions from a portfolio of efficient and effective factors. low cost called smart beta to help clients manage and improve their factor strategy. .
In one of his statements, Bilal Majbour, Founder and CEO of Wealthface, said: “We want every investor and trader to have access to a portfolio managed by a platform that helps them easily create their personalized portfolio based on of the sectors they would prefer to invest in and on two main types of factors: macroeconomic and style. “
Majbour added, “We promise our customers to provide them with extraordinary solutions, just like the ones we are presenting now. The future is in the hands of retail clients and that is why we are working with our clients in the Middle East to offer them access to the local exchange in the United States and the Saudi Tadawul exchange, with an option of halal investment.
For more information visit www.wealthface.com.