Bank of Singapore wants to grow its financial intermediaries, family office and wealth advisory (FFWA) assets under management (AUM) by 50% by 2026, and its recent iCapital tie-up will help it do so.
According to a statement released today, the Singaporean private bank said it has partnered with fintech platform iCapital to roll out an alternative investment digital platform for the bank’s financial intermediary clients, which include external asset managers (EAMs).
The platform, called FIM Alternatives Select, will have more than 30 funds from asset managers such as KKR, Carlyle and Apollo.