Technology
Digital Digest: The Latest Tech News – Franklin Templeton, Futu Securities
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The latest digital and technology innovations, product and service developments in the world's wealth management sector.
Futu Securities
Futu Securities International (Hong Kong) a tech-driven
digital brokerage and wealth management platform together with
global asset manager Franklin
Templeton will launch three risk-based model portfolios,
engineered by the Franklin Templeton Investment Solutions group,
with various risk levels to fulfill clients’ investment needs and
risk appetites.
Futu. it will strengthen its relationship with Franklin Templeton to support the buildout of investment solutions on Futu’s digital platform for Hong Kong investors, the firm said in a statement this week.
Futu first rolled out its mutual fund business in 2019 to expand its client base and diversify its business, the firm added. Franklin Templeton has worked with Futu to deliver a variety of investment solutions since the beginning of the arrangement two years ago.
Welcoming the move, Steve Zeng, head of Global Strategy and Wealth Management at Futu Holdings, said: “We are pleased to partner with Franklin Templeton, one of the largest asset managers globally, in introducing a suite of model portfolios which leverages Franklin Templeton’s proven expertise in managing capital and risks to meet investor needs for returns at various risk levels.
"This collaboration is an example of how Futu endeavours to bring the most leading financial technology and highly competitive wealth management solutions to help its clients achieve their financial goals," he stressed.
Simon Wong, head of Retail Sales, Greater China, at Franklin Templeton added: “We are proud to strengthen our collaboration with Futu by being the first asset manager on the platform to support a suite of customised risk-based model portfolios, catering to different needs of investors in terms of investment targets and risk preferences."
"Franklin Templeton has a strong track record in model portfolios in the US and we look to bringing more specialised solutions to investors in Hong Kong," he added.
