The digital wealth manager raised capital from three main investors, but coincidently faced service problems in Malaysia on the same day.
Author Archives: Rupert Walker
UBP inks AI partnership
Union Bancaire Privée (UBP) has forged a partnership with fintech company QuantCube Technology in order to develop bottom-up equity stock-picking strategies.
UOBAM launches mobile robo-advisor
The Singapore-based asset manager has teamed up with FNZ Group to offer an app for retail investors to construct individual portfolios.
SFC says business as usual in HK
The national security law imposed on Hong Kong will not affect financial market activity in the territory, according to Ashley Alder, SFC’s CEO.
Blackrock launches HK-listed ETF feeder
The iShares ETF listing on the Hong Kong Stock Exchange follows the relaxation of the master-feeder regime late last year.
Pictet WM recommends endowment-style portfolios
Declining future sovereign bond returns mean that investors should raise allocations to alternative asset classes, according to Pictet Wealth Management (WM).
DBS PB sees a rise in digital transactions
In a media briefing the Singapore-based firm emphasised the importance of its DBS iWealth app in its future growth.
Loomis Sayles backs Asian credit
Strong fundamental and technical factors should support Asian fixed income as the region emerges from Covid-19 lockdowns, according to Loomis Sayles, a Natixis IM affiliate.
HSBC GAM makes senior China equity hires
HSBC Global Asset Management (GAM) has appointed a new Chinese and HK equities chief and poached from Citic to strengthen its Shanghai joint venture.
Thai investors remain cautious
Of the different foreign investment funds sold in Thailand, global bond funds attracted the most money during the second quarter, according to a Morningstar report.