The Business Times
business-time-50

Endowus launches income portfolios in response to customer demand

google-preferred-sourceAdd BT as a preferred source
Genevieve Cua

Genevieve Cua

Published Mon, Jan 24, 2022 · 09:50 PM

Singapore

ROBO adviser Endowus has launched the Endowus Income Portfolios, a multi-manager series designed to pay a passive income.

The portfolios have already attracted around S$10 million in investments, less than a month since its soft launch at end-December.

robo-advisors

TRENDING NOW

The income upgrade has rendered the Philippines “too wealthy” to qualify for the concessional foreign aid and development loans.

Philippines’ income upgrade hides grim reality for most Filipinos

Temasek Global Investments CEO Chia Song Hwee believes AI can help lower the probability of missing out on good investments.

How Temasek is leveraging AI for better all-round performance

The hiring push comes as Singapore’s banks expand their wealth franchises across Asia.

Singapore banks’ battle for wealth talent goes beyond private bankers

HSBC Singapore CEO Wong Kee Joo says the expansion “reflects our confidence in the country’s future as a leading wealth, trade, and innovation hub”.

Wanted: 100 AI specialists, 100 wealth relationship managers at HSBC Singapore

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More