The Singapore-based asset manager has teamed up with FNZ Group to offer an app for retail investors to construct individual portfolios.

The Singapore-based asset manager has teamed up with FNZ Group to offer an app for retail investors to construct individual portfolios.
Competitor CSOP AM manages the same kind of products, which have become the largest L&I funds in the SAR.
But overall assets in Hong Kong’s mutual fund industry were down 13%, according to SFC’s annual report.
CSOP AM is preparing to take advantage of the new L&I regulations in Hong Kong, which allow mainland index-tracking products to be listed in the SAR.
The firms believe that there is demand for ETF-based portfolios in the Lion City.
Market crashes; ETF desert; Multi-asset return; The eternal blame game; Gallows humour; Momo in the age of corona; Advertising from Pimco and much more.
Other plans include offering its globally-listed ETFs to investors in Southeast Asia.
Hong Kong investors seem to be betting that the markets will recover this year from the US-China trade tensions and coronavirus impact.
One of the firm’s thematic ETF products has amassed around $150m within the first six months after launch.
Since November, six L&I products have been launched in the country, but demand is expected to be low.
Part of the Mark Allen Group.