The portfolio, which is professionally managed by the DBS Chief Investment Office and JP Morgan asset management (JPMAM) teams, addresses a longstanding market gap by allowing investors to assume more risk during early career stages and gradually reduce it as retirement approaches, allowing greater financial peace of mind in later years.
DBS Bank and JP Morgan Asset Management (JP Morgan) have launched Asia’s pioneer global investment portfolio which aims to revolutionise how investors, both young and old, invest and plan for their retirement. The innovative portfolio automatically adjusts asset allocation based on an individual’s life stage and retirement timeline, known as a glidepath, and also automates drawdowns to meet retirement income needs.
Termed the DBS Retirement digiPortfolio, the initiative is premised on the concept that investors should only take on risks appropriate to their three different life stages, defined as; early career, mid-life, and retirement.
