DMO: automated investment service users in the United Kingdom 2016, by age and gender

Published by Statista Research Department, Sep 30, 2015

The graph presents the number of automated investment service users by age group and gender in the United Kingdom in 2016. The number of female automated investment service users between the age of 25-34 in the UK was expected to reach roughly 0.03 million. An overview of all Digital Markets can be found here.
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Automated investment service users in the United Kingdom (UK) in 2016, by age group and gender (in millions)*

Characteristic	Male	Female
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Release date

September 2015

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Region

United Kingdom

Survey time period

2015

Supplementary notes

* Estimate.

The “Automated Investment Services” segment contains private asset management providers who offer automated online portfolios in which private investors can choose investment volumes depending on their scope and private appetite for risk. Providers such as Wealthfront and Betterment allow private investors to invest their money (starting at very small amounts) in pre-existing portfolios which are automatically managed by lead investors or swarm intelligence (Social Trading) or individually configured parameters. The advantage of these services lies in the passive role of the investor, who may not want or cannot afford, ongoing, personal monitoring of their portfolio development. Such automated investment services also allow for the possibility of reaching attractive returns with low starting capital and without specific investment know-how, which is in contrast to classic investments offered by traditional banks. Online brokers without automated and recommendation-based advisory functions are not included in this segment.

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