Amid increasing adoption of digital and robo advisors, wealthy investors have expressed concerns over the lack of a personal touch with their financial advisors.
The Singapore-based firm is prepared to make further acquisitions.
The firm has also partnered with BNY Mellon to provide investment advice.
Despite the robo-advisor hype, banks will continue to dominate sales channels as they roll out rival digital channels, according to Cerulli.
Besides its partnership with Mitsubishi UFJ, the firm is also collaborating closely with Franklin Templeton to provide more wealthtech propositions in the country.
Following its acquisition of an ETF manager.
The portfolios are comprised of funds managed by JP Morgan AM, Natixis IM’s Mirova, Pimco, Schroders and UOB Asset Management-Robeco.
The Singapore-based digital wealth manager has at least $1bn in AUM.
More banks were introduced on Raiz’s platform in Malaysia as its exclusivity agreement with Maybank expired last month.
Aqumon has made use of its AI technology to construct thematic strategies.