Quantifeed, a provider of digital wealth management solutions, has partnered with Everbright Sun Hung Kai to launch a robo-investment solution.
The new platform, called EBSHK Direct AI-Portfolio Investing, enables retail investors in Hong Kong to easily access a diverse set of portfolios of Hong Kong stocks and exchange-traded funds (ETFs).
EBSHK Direct AI-Portfolio Investing provides investors access to an entire portfolio of 5 to 20 Hong Kong stocks or Hong Kong ETFs developed using smart analytics and quantitative research.
The portfolios allow customers to invest in multi-asset strategies and topical investment themes, and are rebalanced on a regular basis to capture industry and market changes. With an initial investment of HKD$20,000, investors can explore, trade and manage a broad set of portfolios that suit their investment preferences and profiles.
Alex Ypsilanti, Chief Executive Officer and Co-founder of Quantifeed, said,
“We are very excited to have worked with Everbright Sun Hung Kai to bring a leading digital wealth management solution to retail investors in Hong Kong. Made to be easy, engaging and convenient, EBSHK Direct AI-Portfolio Investing serves as a great example of how technology can help financial institutions provide wealthcare – a customer-centric service focused on meeting everyone’s wealth management needs.”
Jonathan Hsu, Director, Head of EBSHK Direct and Digital Business, Wealth Management and Brokerage, EBSHK, said,
“EBSHK Direct AI-Portfolio Investing empowers our clients who prefer to manage their wealth online and to stay ahead of the market with a self-manageable and affordable Hong Kong stock portfolio management solution that combines smart data analytics, qualitative and quantitative research. The launch reflects our relentless effort in service innovation for our clients, especially in the digital arena, just like what we have been doing in the past 50 years.”
According to their press release, EBSHK Direct AI-Portfolio Investing currently offers 13 investment portfolios of topical investment themes with optimized allocations and weightings. The portfolios are formulated by Quantifeed’s quantitative research team using data analytics, and EBSHK’s in-house retail research. U.S. stocks and ETFs will be added to the selection to give investors more choice to meet their individual investment goals.
