Endowus partners with Brookfield Oaktree Wealth Solutions to broaden investors' access to private credit
The wealthtech firm is leveraging the expertise of two of the world’s leading alternatives managers; enabling accredited and professional investors in Singapore and Hong Kong to future-proof their portfolios with institutional-quality exposure to private credit
Endowus, Asia’s leading digital wealth management platform, has partnered with Brookfield Oaktree Wealth Solutions to broaden access to private credit for Endowus Private Wealth (EPW) individual and family office clients in Singapore and Hong Kong. Brookfield Oaktree Wealth Solutions delivers the highest-quality alternative solutions, insights, and partnership to advisors and their clients through Brookfield Asset Management and Oaktree Capital Management, L.P. (“Oaktree”). Brookfield reported over USD $850+ billion in assets under management (AUM) as of Nov. 6, 2023 and Oaktree reported USD $183 billion in AUM as of Sept. 30, 2023.
Today, Endowus clients can build institutional-quality portfolios through Brookfield Oaktree Wealth Solutions. The strategy applies a flexible and “all-weather” approach across the private and public debt spectrum, allowing for dynamic allocation in response to changing market conditions.
Gregory Van, CEO of Endowus, said, "Offering access to private credit offerings through Brookfield Oaktree Wealth Solutions reflects Endowus’ continuous pursuit to bring our clients access to best-in-class institutional solutions at institutional-level fees — independently screened and curated across the entire universe of fund managers. Our industry-first, fee-only business model gives clients the assurance that our success as a platform is intimately tied to the success of their investment portfolio. Endowus can only earn from our clients on an assets-based fee, and not from trailer commissions paid for distribution, enabling us to build unique partnerships with leading fund managers whom we’ve assessed purely for merit and performance-driven track record. Combining the best of the asset management industry and cutting-edge technology, Endowus empowers all investors to invest better to live better with conflict-free, evidence-based advice, institutional-quality access, and low fair fees.”
In an environment of high interest rates, increased market volatility and banking sector stress, the loan market has quickly shifted to favouring private credit. This may create a historic opportunity for investors to allocate part of their investment portfolio to this asset class, according to Brookfield Oaktree’s research. Many banks have been de-risking balance sheets and are more conservative with regards to providing capital to corporations and private equity sponsors, enabling the opportunity set within private credit to grow substantially. As banks and other traditional lenders play a diminishing role in lending, credit-focused investment firms have stepped in to fill the void.
With three decades of collective experience in credit investing, Brookfield Oaktree has the depth and breadth necessary to meet the growing demand for income solutions, leveraging their capabilities across public and private markets.
David Levi, CEO of Brookfield Oaktree Wealth Solutions, added, “After a decade of near zero rates, we seem to be entering an environment where rates will remain higher for longer, especially benefitting loans with floating rate coupons. We are excited for the opportunities the current market presents for private credit and are proud to partner with Endowus to offer their clients access to Oaktree’s world-class private credit platform.”
Brookfield Oaktree Wealth Solutions enables more investors to diversify their portfolios with a range of semi-liquid investment vehicles. Endowus Private Wealth prioritises individual investors' ease of access to institutional-grade services — while offering these solutions in bite-sized amounts, with lower minimums and improved liquidity terms. It reinforces Endowus' commitment to offering a holistic range of investment opportunities to professional and accredited investors and underscores the platform's focus in delivering trusted and comprehensive wealth management services.
Brookfield Oaktree Wealth Solutions was formally launched in April 2021 with the goal of expanding alternative investments to financial advisors and their clients, globally. The platform now offers a variety of liquid, semi-liquid, and private strategies across real estate, infrastructure, credit, and private equity, with 150 employees across 10 countries.
DISCLAIMER
Endowus Private Wealth is intended for accredited investors in Singapore and professional investors in Hong Kong only.
The information herein pertaining to Endowus Singapore Pte. Ltd. and/or Endowus HK Ltd (each known as “Endowus”) and the Endowus investment platform is for general information only and does not constitute a recommendation, an offer to sell, or a solicitation to invest in any securities, options, or other derivatives in any jurisdiction and its content is not prescribed by securities laws. This information herein is not for any person in any jurisdiction or country where such distribution or availability for use would contravene any applicable law or regulation or would subject Endowus or the relevant asset manager to any registration or licensing requirement in such jurisdiction or country.
Investment involves risk. The value of investments and the income from them can go down as well as up, and you may not get the full amount you invested. Past performance is not an indicator nor a guarantee of future performance. Rates of exchange may cause the value of investments to go up or down. Individual stock performance does not represent the return of a fund.
Any forward-looking statements, prediction, projection or forecast on the economy, stock market, bond market or economic trends of the markets contained in this material are subject to market influences and contingent upon matters outside the control of Endowus and therefore may not be realised in the future. Further, any opinion or estimate is made on a general basis and subject to change without notice.
In presenting the information above, none of Endowus, its affiliates, directors, employees, representatives or agents have given any consideration to, nor have made any investigation of the objective, financial situation, investment eligibility or particular need of any user, reader, any specific person, group of persons. For example, it does not take into account your eligibility to invest in specific classes or types of products. Therefore, no representation is made as to the completeness and adequacy of the information to make an informed decision. You should carefully consider (i) whether any investment views and products/ services are appropriate in view of your investment experience, objectives, financial resources, eligibility and relevant circumstances. You may also wish to seek financial advice through a financial advisor or the Endowus platform and independent legal, accounting, regulatory or tax advice, as appropriate.
For Singapore residents, please contact Endowus Singapore Pte. Ltd. For Hong Kong residents, please contact Endowus HK Ltd.
About Endowus
Endowus is Asia’s leading independent digital wealth platform. With entities licensed by the Monetary Authority of Singapore, and Securities and Futures Commission of Hong Kong, Endowus is the first digital advisor in the region to span personal savings, private wealth and public pension (CPF & SRS in Singapore), helping investors grow their money with expert advice and access to institutional financial solutions at low and fair fees, through a personalised digital wealth experience.
Founded in 2017, Endowus has raised a total of US$95 million in funding from investors including UBS Next, Citi Ventures, MUFG Innovation Partners, EDBI, Lightspeed Venture Partners, Prosus Ventures, Samsung Ventures, SBVA, Singtel Innov8, and Z Venture Capital. Other investors include some of the largest Family Offices in Asia, as well as the founders and employees of Endowus.
Endowus’ leadership and growth have been recognised by the industry and it has attained numerous awards including, Singapore’s Best Digital Wealth Management, CEO of the Year (Asia Asset Management’s Best of the Best Awards 2023), Singapore’s Best Digital Wealth Management Experience (The Asset Triple A Digital Awards 2023), and Startup of the Year and WealthTech of the Year (Asia FinTech Awards 2022). Endowus is also among the firms named in the World Economic Forum’s Technology Pioneers 2023, Forbes’ “100 to Watch” list for 2022 and LinkedIn Top Start-ups 2022.
The Endowus Group comprises Endowus' licensed companies in Singapore and Hong Kong, as well as Hong Kong-based Carret Private. Endowus Group serves over a hundred thousand clients with content, advice and access. With group assets of over US$5 billion it is one of the largest independent wealth managers in Asia. From a combination of 100% trailer fees rebates as direct cashback to clients, savings from the access to institutional share class and exclusive funds, Endowus has created more than US$40 million in savings for its clients.
For more information, visit www.endowus.com/en-hk.
About Brookfield Oaktree Wealth Solutions
Brookfield Oaktree Wealth Solutions is a leading provider of alternative investments to advisors and their clients globally, helping them meet their overall financial goals. The global scale and multi-decade track records of our parent companies, Brookfield and Oaktree, place us among the leaders in alternative investing. Brookfield Oaktree Wealth Solutions is registered as a broker-dealer with the U.S. Securities & Exchange Commission (“SEC”) and is a member of Financial Industry Regulatory Authority, Inc.) (“FINRA”) and the Securities Investor Protection Corporation (“SIPC”).
For media queries, please email press@endowus.com
