The latest news on investment offerings, financial products and other services relevant to wealth advisors and their clients.

ZA Bank
ZA Bank, Hong’s Kong’s largest virtual bank by customer deposits, loans, advances and number of users, has launched a personal financial platform that covers banking, investment and insurance. 

The platform hosts products from fund managers including Franklin Templeton, AllianceBernstein, and Invesco.  Products cover various asset classes, countries, and industries, with investment themes spanning technology, consumption, natural resources, healthcare to ESG.

All subscription fees are being waived during the promotion period â€“ from now until 31 December 2022.

Users can build their fund portfolios based on personal financial goals. Fund transactions are automatically settled directly from users’ savings accounts. The in-app widgets such as "Investment Fund 101" and "Simple Screener" help users to understand each product’s features.

“Following the debut of our insurance service last year, ZA Bank's banking services have now extended to the investment space. We kick-start our investment fund service with an excellent user experience, turning ZA Bank into a one-stop integrated digital financial platform that leads Hong Kong into the new era of 'Virtual Banking 2.0',” Rockson Hsu, chief executive of ZA Bank, said. "Virtual banks are playing an increasingly important role under the new normal, addressing people’s financial needs around the clock with a fully-digital servicing model.”

The promotion period is from now until 31 December 2022, both dates are inclusive.