Re:Titan launches its mobile ‘not a hedge fund’
by Hasz on Wednesday August 22, 2018 @01:39PM
(#17820401)
Absolutely.
Their advertising material points out their performance compared to the S&P500, and makes no mention of correlation. I don't think that this typical benefit of a hedge fund is what they're trying to sell. It seems to be a "beat the market with a shiny app" kind of pitch.
Considering they are going after very small investors, I don't think their target customer has much in the way of investments, better yet diversified ones, and probably knows even less about large scale asset management.
Their advertising material points out their performance compared to the S&P500, and makes no mention of correlation. I don't think that this typical benefit of a hedge fund is what they're trying to sell. It seems to be a "beat the market with a shiny app" kind of pitch.
Considering they are going after very small investors, I don't think their target customer has much in the way of investments, better yet diversified ones, and probably knows even less about large scale asset management.