Three men have been arrested in connection with the probe into the firm’s unlicensed activities.
Tag: Online platforms
HSBC PB launches online trading platform
The service is part of the wealth manager’s aim to boost its digital offering.
HSBC Malaysia introduces online fund platform
HSBC customers can buy and sell a range of unit trusts on its Malaysia mobile app for the first time.
Malaysian firms roll out investment apps
Affin Hwang AM and Hong Leong AM are the latest to launch investment apps in the country.
Monthly users in Grab’s wealth solution double last month
Separately, the firm has raised at least $300m in its Series A funding round, led by Seoul-based Hanwha Asset Management.
Manulife IM rolls out digital fund platform in Malaysia
The firm has also launched the platform in other markets in Asia, including Hong Kong and the Philippines.
Ride-hailing firm preps wealth solution
Grab’s micro-investing offering will make use of funds managed by Fullerton Fund Management and UOB Asset Management.
Lu Global hopes to expand WM platform
The Ping An-owned, app-driven wealth management platform is looking for partners to grow outside Asia.
Report: China’s ‘intelligent WM’ assets to triple by 2022
However, a majority of investment recommendations made by digital platforms do not match investors’ needs.
What do investors want in an online advisory platform?
Online platforms are impacting investor communication, which needs to be in real-time after a market plunge, according to a joint study conducted by Scorpio Partnership and BNP Paribas.
