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ROBOT INVESTMENT ADVISORS

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Finland's Robot Bankers Source:  Nordea Bank - Robot Bankers Nora and Nova Rising Robotic Workforce During the global COVID-19 pandemic, the robot workforce has been on the rise.  In China, there are robot-run field hospitals and new robot restaurant complexes.  In the US, robot concierge and robot cleaners are working at 5-star hotels and telepresence Avatar robots are enabling long distance learning.  Now in Finland, a robot investment adviser has become more popular than the human variety. Nora, the Investment Adviser At the biggest Nordic bank - Nordea, headquartered in Helsinki - a robot investment advisor named Nora just had a great 2nd quarter.  Nora pulled in 40% more business during the height of the COVID crisis.  By contrast, new business for the bank's human advisers was flat.  The Bank says that millennials prefer talking investments with a robot rather than with a human.  Nora saw the most action advising investors under the age of 40. Pressure Redu