ⓘ Featured image: A file-photo of Mehdi Fichtali, CEO of FinaMaze
- FinaMaze launches access to a new category of clients, Prime Retail, following a year-long growth
- The ADGM-based AI Wealth Manager launched earlier this year their diversified crypto basket and crypto index-based/ blockchain smartfolios
FinaMaze, the hybrid human-robo wealth manager regulated by the Financial Services Regulatory Authority in the ADGM, unveils a new series of Smartfolios, dedicated to Prime Retail investors, following a year-long growth.
Prime Retail Investors have now an extended choice to invest in 10 suitable diversified Smartfolios with a focus on:
- Global stocks, ESG, Islamic or FICC (Fixed Income Currencies Commodities)
- Regional stock markets: USA, Gulf, China or India,
- Sectors: Tech or G10 Real estate.
Each Smartfolio is built, monitored and rebalanced by FinaMaze algorithms, under the supervision of the FinaMaze Investment team, to remain suitable for each Prime Retail investor’s risk appetite and parameters, seeking optimal diversification while minimizing transaction costs.
Speaking of the development, Mehdi Fichtali, the Founder and CEO of FinaMaze, in a press statement said,
“Several months after launching to only ‘Professional’ investors, and after a thorough assessment of our internal control systems, processes and ledgers, we are excited to have obtained the Retail client endorsement, granted to us by the regulator. This is undeniably a testimony of the robustness of our investment solution. Now, with a simple and fully automated online onboarding, any potential investor can have access to ‘Private-Banking-Grade’ investments at a fraction of the fees.”
Launched during the FinTech Abu Dhabi 2020 forum in November 2020, FinaMaze is gradually cementing its status as the MENA region’s AI-digital wealth manager. It offers low-fees AI-powered strategies that either track the markets as a whole or follow specific market trends and thematics to deliver returns in line with each investor’s risk appetite and behaviour.