BNY Investments and Hong Kong-based brokerage Futu have announced a collaboration to launch two Exchange-Traded-Fund (ETF) portfolio strategies to retail investors in Hong Kong.
Futu has launched a Global Tech Satellite Strategy to invest in growth sectors, primarily within the technology space, and a Multi Asset Dividend Satellite Strategy which aims for income generation.
The portfolio strategies will be powered by BNY Investments, tapping into the firm’s range of proprietary and third-party solutions.
Doni Shamsuddin, head of Asia Pacific at BNY Investments said: “We are thrilled to leverage our expertise in managed solutions to expand the range of investment options for Futu’s clients.”
“Powered by a team of more than 80 investment professionals and with over 35 years of experience in creating model portfolios, BNY Investments continues to deliver optimized solutions for our clients in Asia Pacific.”
Steve Zeng, head of wealth management and web 3 business at Futu said: “We are delighted to offer strategies powered by BNY Investments, a global leading investment manager, on our intelligent robo-advisory platform.”
“By integrating BNY Investments’ sophisticated model portfolios into our cutting-edge platform, we’re empowering investors to capture global opportunities more effectively and build diversified portfolios tailored to their unique financial goals.”
