Together, this partnership leverages the combined strengths and trusted brands of the three entities to offer top-tier products and services.
A money market fund, managed by TFM and advised by Yuanta Securities (Hong Kong), is slated to be launched in late 2023, aiming to provide customers with liquidity and risk management while potentially offering returns comparable to that of USD short‐term deposits.
Jeremy Tan, CEO of Tiger Fund Management, said: “Our MOU with Yuanta Securities (Hong Kong) paves the way for potential collaborations in the future and puts us in an excellent position to build on everything we have achieved.
Looking ahead, we will continue to work together on investment and fund-raising activities for all joint fund launches, starting with the money market fund later this year, and will look into the possibility of establishing other funds in Asia relevant to our clients.”
Before joining TFM, Mr Tan was chief investment officer (CIO) of Tiger Brokers (Singapore), where he was responsible for strategic and tactical asset allocation and instrumental in providing thought leadership market commentaries on the outlook for global financial and capital markets.
He also helmed the investment committee for securities and fund selection.
Prior to that, Mr Tan was formerly at United Overseas Bank Limited, where he was responsible for managing multi-billion-dollar discretionary global investment mandates for high-net-worth individuals and family offices.
He was also involved in fund management for institutional investors for Mitsubishi UFJ Trust and Banking Corporation and Harvest Global Investments Limited.
Komentari tentang post ini