The Singapore-based asset manager has teamed up with FNZ Group to offer an app for retail investors to construct individual portfolios.
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The Singapore-based asset manager has teamed up with FNZ Group to offer an app for retail investors to construct individual portfolios.
The firm is also expected to launch a growth fund.
It will be the first fund in the market that focuses on Singapore-listed Reits.
Similarly, Kuala Lumpur-based BIMB IM also launched its own robo-advisory platform last month.
The Singapore firm’s majority stake adds it to the growing list of asset and wealth managers in Indonesia.
Singapore-based UOB Asset Management and E Fund Management in Hong Kong are also expected to launch fixed income products.
Wellington Management will be the sub-adviser for the product.
The Singapore-domiciled funds with the highest inflows in 2017 were from Schroders and UOB, while a Fullerton fund had the highest net outflows.
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The mixed asset product is a feeder fund investing in the bank’s United Income Focus Trust.
Part of the Mark Allen Group.