GMO Internet Group’s GMO CLICK Securities signed a memorandum of business alliance with MONEY DESIGN to develop and expand ETF-specific discretionary management service at low cost.

GMO CLICK Securities has been working to develop new financial products and business along with existing business including Forex sector. MONEY DESIGN provides world-class asset management services tailored to our customers’ individual needs based on its original algorithm utilizing financial engineering and technology.

By combining GMO’s customer base and know-how in online marketing and MONEY DESIGN’s innovative asset management algorithm, they plan to deliver personalized global asset management service at low cost. The cost will be the lowest level (1%) in the industry. The new service allows traders to access about 6000 ETFs in the world and they could benefit from fully personalized and optimized asset management plans.

Last month, MONEY DESIGN entered into capital and business alliance with MoneyForward, a Japanese FinTech company developing and providing money-related platforms, to promote new FinTech services.

(Source: GMO CLICK Securities )

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