Endowus CEO, Gregory Van, explains how the step often missed by investors is to define why we should own certain asset classes and investment strategies, in line with the investing environment as well as our life needs and goals.
05 Singapore robo adviser Endowus has added US hedge fund firm Bridgewater Associates to its alternative investment lineup by teaming up with French asset manager Amundi. The move gives Endowus’ clients in Hong Kong and Singapore access to the investment strategies of the Connecticut-based firm founded by Ray Dalio.
The addition of Bridgewater strategies is the latest in over 300 curated funds Endowus has added to its Fund Smart platform, including private markets and alternative strategies from the likes of KKR, Blackrock, UBS and Partners Group, which was announced last June.
Asian digital wealth manager Endowus deepens its partnership with Amundi to offer its customers the investment strategies of Bridgewater Associates, a US-based portfolio manager. The move will expand the wealth manager’s alternatives proposition to accredited investors in Hong Kong and Singapore.
Asia online wealth management platform, Endowus, brought together investment experts from a number of asset management companies to discuss 2023 market outlook for Greater China and the Asia-Pacific region.
Endowus, a Singapore-based wealth management platform backed by state investor EDBI, has partnered with global fintech firm iCapital to give accredited investors access to to private markets tools within private equity, private debt and real assets segments.
Singapore-based digital wealth advisory platform Endowus has partnered with global fintech platform iCapital in a deal that will expand private market investment access to Endowus private wealth clients in Singapore and Hong Kong.
Endowus, the Singapore-headquartered digital wealth platform, has reached an agreement with fintech company iCapital to leverage the latter’s technology for its private markets offering. The tie-up will allow Endowus’ private wealth clients to gain institutional-quality access to private market initiatives across equity, debt and real assets.
Endowus has acquired a majority stake in Hong Kong-based wealth manager and multi-family office Carret Private Investments Limited. With the acquisition, total assets under management of the Endowus group stands at over $4 billion across tens of thousands of clients as at the end of the first half this year.
Gregory Van and Samuel Rhee co-founded Endowus with the aim of serving individuals with institutional-level wealth management solutions, and at a low cost.
Robust capital markets, ability to attract talent and access to the Greater Bay Area, coupled with recently announced policy support, are strengths.
Endowus co-founder, Samuel Rhee said new employees need to share the firm’s vision. “We’re about trying to change the industry,” said Rhee, who is chairman and group chief investment officer of Endowus. “We want the right people to come on to the team, and a big part of that is buying into the mission and vision of the company.”
Digital wealth platform Endowus Pte acquired a majority stake in an independent wealth manager in Hong Kong as the Singaporean company builds out its business beyond the city-state.
The merged group, with combined client assets of US$4 billion, will officially launch operations in Hong Kong by the end of the year.
Endowus said the combined companies will have complementary expertise in technology, talent, and systemic wealth advice. The acquisition will be a springboard for Endowus to enter the Hong Kong market.
Endowus has raised S$35 million led by Prosus Ventures and Singapore’s EDBI, to bankroll an expansion in Asia’s two regional financial hubs.
According to Endowus, as a global wealth manager, UBS will be its strategic partner while Samsung and Singtel Innov8 can help extend its reach with the former’s mobile technology expertise.
Endowus has crossed the S$2 billion client asset mark, less than three years after launching operations.
Digital wealth platform Endowus has secured investments from UBS Group AG, Samsung Ventures and Singtel Innov8 to fuel expansion.
Endowus is the first digital wealth management platform in Hong Kong that does not accept trailer fees or commissions.
Endowus aims provide its Hong Kong clients with an enhanced and never-before wealth management experience.
Endowus has obtained the licenses for Type 1, Type 4 and Type 9 businesses from the Hong Kong Securities and Futures Commission.
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