Business moves Archives - Page 24 of 57

Raffles FO partners with Huobi Tech to launch digital assets platform

The Asia wealth manager and global cryptocurrency technology provider will create a multi-family office.

The two businesses will continue to operate as standalone entities.

Asia will be a core region for the firm over the long term.

It plans to expand its offering to Apac high net worth investors and family offices.

The agreement aims to extend their ETF distribution across Asia.

The firm has hired sustainability heads and tapped AMP for an infrastructure team.

The wealth manager plans to grow its client base by 30-40% every year.

A chief sustainability officer is chosen as the UK asset manager converts funds to sustainable products.

The change marks a “significant milestone” in the integration of the two firms.

The deal is intended to create economies of scale.