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Did you know: Digital platforms are cited as the preferred mode of investing in private market strategies and hedge funds among High-Net-Worth Investors (HNWIs) in Singapore and Hong Kong? We launched the inaugural Endowus Private Wealth Insights report, delving into HNWIs' preferences and challenges regarding private market investments and other financial alternatives like hedge funds. Surveying almost 500 HNWIs in Singapore and Hong Kong, the study uncovers rising demand for more transparent pricing models, cost competitiveness, and a preference for digital-first, seamless experiences when it comes to private market investing. Continually evolving to meet the sophisticated needs of HNWIs, Endowus partners with 80+ global fund managers across public markets, private markets, hedge funds and alternatives to provide world-class solutions to our clients at a fair and transparent cost, delivered through our industry-first fee-only business model. Swipe to check out key insights from the report below. Download our report here - SG: https://lnkd.in/gn5DM3hQ HK: https://hk.endw.us/3WZwwq0 #Endowus #EndowusPrivateWealth #EPW #EPWInsights #PrivateWealth #privatemarkets #hedgefunds #privateinvestments #alternativeassets #investing #wealth Endowus Private Wealth is for accredited investors only. Investment involves risk. Please refer to our full disclaimer at https://sg.endow.us/mas.

Client-first. It seems simple but the team at Endowus knows how to put that concept into action. With the release of their report examining sentiment amongst their HNWIs in Singapore and Hong Kong, Endowus details the challenges investors in the region face and how they are continuing to evolve to meet their needs. From generational wealth planning to personalized advisory services, Endowus leads by example by staying ahead of their clients' needs.

1 in 2 High-Net-Worth investors in Singapore and Hong Kong are planning to strategically expand their private market strategies and hedge funds in 2024, but 40% noted that increasing allocations to these alternative asset classes managed by different wealth managers across multiple platforms is a key barrier. Find out how global uncertainties have influenced investors' sentiments and actions. Download the new HNW Investor Sentiment 2024 report here - SG: https://lnkd.in/gn5DM3hQ HK: https://hk.endw.us/3WZwwq0 #Endowus #EndowusPrivateWealth #EPW #EPWInsights #Endowus #privatewealth #privatemarkets #hedgefunds #privateinvestments #alternativeassets #investing #wealth Endowus Private Wealth is for accredited investors only. Investment involves risk. Please refer to our full disclaimer at https://sg.endow.us/mas.

🧭 'Navigating the nuances: key considerations for utilizing Luxembourg Parallel Funds' by Miao Wang, Partner at A&O Shearman Luxembourg and Tiffany Toh, Partner at A&O Shearman Singapore ⛓️ ''Parallel funds are investment vehicles that are structured to run concurrently, with one fund domiciled (for example) in Luxembourg and the other in a non-EU country. This arrangement allows fund managers to cater to a diverse investor base while capitalizing on the regulatory and operational advantages offered by different jurisdictions............'' 👉 Read full article here: https://lnkd.in/egkeiYnN

Today’s China Top Five:   💡 𝗦𝗰𝗵𝗿𝗼𝗱𝗲𝗿𝘀 𝗘𝗾𝘂𝗶𝘁𝘆 𝗙𝘂𝗻𝗱 𝗗𝗲𝗯𝘂𝘁 The second onshore mutual fund from Schroders – its first active equity product – raised RMB324m from 3,608 investors. This is the second equity product to come to market from a global manager this month, after AllianceBernstein raised RMB500m at the start of April. Fidelity International and BlackRock are also preparing active equity products.   💡 𝗙𝘂𝗻𝗱 𝗼𝗳 𝗙𝘂𝗻𝗱 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 FoFs run by fund management companies saw assets decline to less than RMB150bn at the end of 1Q24. After three years of shrinking AUM, these products are now well below their AUM peak of RMB220bn. The three largest products account for over 10% market share. 💡 𝗙𝘂𝗻𝗱 𝗠𝗮𝗿𝗸𝗲𝘁𝗶𝗻𝗴 𝗔𝗱𝗮𝗽𝘁𝗮𝘁𝗶𝗼𝗻𝘀 Excessive homogenization of content and frequent product promotions has led to investor fatigue and reduced viewership of livestreams. In response, fund companies are exploring new marketing paths, including focusing on short videos and podcasts. This diversification reflects fund companies' attention to changing user needs, aiming to make breakthroughs in refined marketing. 💡 𝗘𝗧𝗙 𝗦𝗮𝘁𝘂𝗿𝗮𝘁𝗶𝗼𝗻 ETFs that are launched in batches are increasingly struggling to maintain scale. For example, other the ten CSI 2000 ETFs launched last August, five now have AUM below RMB100m and risk facing liquidation. The same is also evident with several sector and thematic offerings, with many declining to below RMB50m AUM within six months of launch. 💡 𝗖𝗦𝗥𝗖 𝗦𝗲𝘁𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗘𝘅𝗽𝗲𝗰𝘁𝗮𝘁𝗶𝗼𝗻𝘀 The CSRC chair held several meetings with listed companies recently discussing their corporate governance responsibilities as capital market participants. Wu Qing also emphasized the role of financial institutions in maintaining market standards and encouraging a culture of quality development.   #chinatopfive #zbenadvisors #assetmanagement #mutualfunds #ETFs #china #financialnews

Today’s China Top Five: 💡 𝗠𝗮𝗻𝘂𝗹𝗶𝗳𝗲 𝗥𝗮𝗶𝘀𝗲𝘀 𝗥𝗠𝗕𝟴𝗯𝗻 A newly-launched green and inclusive financial bond index fund from Manulife Investment Management raised almost RMB8bn from 330 onshore investors. The fund will be managed by Shen Qiaoyang, formerly of China Universal Asset Management. This marks a continuation of the trend of sizable passive fixed income fund launches. 💡 𝗨𝗹𝘁𝗿𝗮-𝗟𝗼𝗻𝗴 𝗕𝗼𝗻𝗱 𝗗𝗲𝗺𝗮𝗻𝗱 𝗥𝗲𝗮𝗰𝗵𝗲𝘀 𝗙𝘂𝗻𝗱 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 Several managers have submitted applications for 30-year treasury bond ETFs, feeders and index funds. Managers including E Fund Management Co.,LTD., ICBC Credit Suisse Asset Management and China Southern Asset Management Co., Ltd. have had applications accepted by CSRC. Pengyang was the first to list such a product and the AUM has increased significantly to over RMB2bn from less than RMB300m at launch. 💡 𝗠𝗼𝗿𝗴𝗮𝗻 𝗦𝘁𝗮𝗻𝗹𝗲𝘆 𝗜𝗠 𝗥𝗲𝗱𝘂𝗰𝗲𝘀 𝗖𝗵𝗶𝗻𝗮 𝗨𝗻𝗱𝗲𝗿𝘄𝗲𝗶𝗴𝗵𝘁 On the back of a policy-driven improvement in the outlook for share buybacks, Morgan Stanley Investment Management has reduced its underweight allocation to mainland stocks. The firm also stated that it’s A-share allocations remain targeted to certain firms and industries due persistent structural issues. 💡 𝗦𝗶𝗹𝗸 𝗥𝗼𝗮𝗱 𝗙𝘂𝗻𝗱 𝗔𝗱𝗷𝘂𝘀𝘁𝘀 𝗘𝘂𝗿𝗼𝗽𝗲 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 Silk Road Fund is selling its stake in Pirelli. At the same time, it has expanded its relationship with French private equity firm Trail with the launch of the Value Trail Phase II Fund – the second installment of a co-investment vehicle that invests in SMEs in Europe, Africa and other regions. The partnership between Trail and Silk Road Fund goes back to 2016. 💡 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝗠𝗮𝗻𝗮𝗴𝗲𝗿𝘀 𝗠𝗮𝗸𝗲 𝗠𝘂𝘁𝘂𝗮𝗹 𝗙𝘂𝗻𝗱 𝗨-𝗧𝘂𝗿𝗻 In recent months, there have been several instances of portfolio managers that previously moved to the private fund industry returning to fund management companies. A notable example is Wang Yin, who spent only six months at a private fund manager before returning to China Merchants Fund Management Co., Ltd.. This trend is an indication of the limited resources available to PFMs compared to mutual fund companies.   #chinatopfive #zbenadvisors #assetmanagement #mutualfunds #ETFs #china #financialnews

Partner Ying White spoke to Private Equity International's Katrina Lau about what's behind the rise in registrations by fund managers with the Asset Management Association of China, a legal requirement for firms intending to raise capital in mainland China and access the country's domestic private equity market: "Now their USD global funds don’t invest much in China… you either let them go or better [yet], let them set up a local RMB fund, use the brand and local capital and invest locally.” Ying also spoke about other developments: 💹 China's domestic secondaries market is proving a popular destination for those with RMB strategies. ⏳ Anticipated exits as numerous Chinese funds approach lifecycle conclusion. 🧲 Shanghai is striving to become a global asset management hub, offering an advantageous regulatory environment and talent pool. Read the full story (paywall): https://lnkd.in/dewY5MDw #PrivateEquity #Secondaries #Funds

The ‘democratisation’ of investment is a key trend noted in a new KPMG report, with a broader variety of assets including alternatives becoming available. To benefit from this shift, Hong Kong needs to ensure that it is the location of choice for establishing the management operations for alternative assets. Vision 2030: The future of Hong Kong’s fund management industry, co-authored by KPMG and Hong Kong Investment Funds Association, explores the growing interest in alternatives among other key trends affecting the industry. Read the full report here: https://lnkd.in/gkgGR8Pq #AssetManagement #Investment #HongKongBusiness #KPMGHKAssetManagement

The list of the top sovereign wealth fund executives in Asia was created after speaking to a host of experts and extensive editorial research. We will reveal two names each day, starting tomorrow. #sovereignwealthfunds #swf #asia #investment #assetmanagement #assetowners

In our recent report “The Future of Asset Management in Asia”, investors are now showing enthusiasm for private market investments, particularly in private equity funds (15%) and private credit funds (15%). Over the past few years, the private markets landscape has experienced a remarkable surge, capturing the attention of asset managers around the world. This flourishing trend has paved the way for the financial industry to explore new avenues for growth, with private markets becoming an enticing domain for high net worth investors seeking investment opportunities with relatively low market correlation. I have the pleasure to share with you my recent blog delving into the drivers of this booming sector and ways to approach HNW investors. #fhhk #privatemakets #assetmanagers #HNWI Great thanks to the support of Patrick Yu and FleishmanHillard Hong Kong