Fintech iCapital has launched a digital platform for wealth managers and advisers enabling them to invest in a number of alternative assets in Hong Kong and Singapore.The platform, iCapital Marketplace, will include private equity, debt, real assets, infrastructure and hedge funds.
It will use proprietary digital technology that iCapital claims will eliminate many historical complexities.
These include a lack of institutional-quality investment opportunities, a manual and paper-based subscription process, cumbersome client support throughout the investment lifecycle, and limited availability of advisor education.
“Introducing iCapital Marketplace in Hong Kong and Singapore as a one-stop-shop for wealth managers and advisors to access a broad selection of alternative investment offerings is a key milestone in our expansion in Apac,” said Marco Bizzozero, head of international at iCapital.
“Investors in Asia and the rest of the world are increasingly interested in how private markets can offer enhanced diversification and potentially superior returns for their portfolios, while asset managers seek to diversify their fundraising across the growing wealth management channel,” added Bizzozero.
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