HSBC adds equities service to UAE app
Bank aims to double AuM in wealth operation in the region over next three years
ANNOUNCEMENT: UK Adviser is now PA Adviser. Read more.
Bank aims to double AuM in wealth operation in the region over next three years
It is designing a full-scale platform and plans to launch its first exchange traded funds this year
To distribute ETFs across Asia
It gives investors access to the ‘100 strongest’ firms in the country’s ‘new economy’
People in the country ‘increasingly want to invest overseas to diversify their portfolios more effectively’
Firm plans to passport its operations across EU/EEA in the coming months
Co-founders speak to International Adviser about their plans and educating investors
It will put aside extra funds to help the investment firm grow as well
It will reportedly raise £25m from investors to fund the acquisition
Taking number of European offices to seven
It will first be introduced in the US with the UK following suit in the second half of 2021
ETFs can be bought for as little as INR16