Digital wealth management platform StashAway announced that it will now be available to Hong Kong residents and is licensed by the Securities and Futures Commission (SFC).
StashAway is an investing platform that provides intelligent asset allocation with global ETFs for both retail and professional investors.
Founded in 2016 in Singapore and with operations in Malaysia and now the MENA region, StashAway has clients from more than 160 countries and 190 nationalities.
In January 2021, StashAway reported that it has more than US$ 1 billion of assets under management.
Stephanie Leung, Head of StashAway Hong Kong said,
“You’d be surprised to hear that wealth management in Hong Kong has largely been limited to traditional providers, who often operate on, and are incentivised by high commission-based fees and high minimum investment amounts.
StashAway breaks those barriers and makes investing accessible to all, with client support available through our mobile and web app, 7 days a week.”
Freddy Lim, Co-Founder and CIO of StashAway said,
“We manage risk and returns by investing into large, liquid, and globally-diversified ETFs, and by continually optimising our portfolios to ensure that they remain resilient in any economic environment.
This approach means anyone can invest safely over the long term, withdraw any time, and effectively plan for their future.”