Digital brokerage Futu Securities International ( Hong Kong ) Limited has launched two exchange-traded fund ( ETF ) portfolio strategies for Hong Kong retail investors.
Powered by BNY Investments’ broad range of proprietary and third-party solutions, Futu’s Global Tech Satellite Strategy will invest in growth sectors, primarily within the technology space, while its Multi Asset Dividend Satellite Strategy aims to achieve income generation over the long term, providing clients with access to liquid options investing in diversified portfolios.
"We are delighted to offer strategies powered by BNY Investments, a global leading investment manager, on our intelligent robo-advisory platform,” says, Steve Zeng, head of wealth management and Web 3 business at Futu. “By integrating BNY Investments' sophisticated model portfolios into our cutting-edge platform, we're empowering investors to capture global opportunities more effectively and build diversified portfolios tailored to their unique financial goals.”
Doni Shamsuddin, head of Asia-Pacific at BNY Investments, adds: “We are thrilled to leverage our expertise in managed solutions to expand the range of investment options for Futu’s clients. Powered by a team of more than 80 investment professionals and with over 35 years of experience in creating model portfolios, BNY Investments continues to deliver optimized solutions for our clients in Asia-Pacific.”
Established in 2012, Futu is a tech-driven brokerage licensed by the Securities and Futures Commission of Hong Kong. It was listed on the Nasdaq Stock Exchange on March 8 2019.
BNY Investments, part of The Bank of New York Mellon Corporation, manages over US$2 trillion across a range of traditional and alternative assets through seven specialist investment firms – ARX Investimentos, Dreyfus, Insight Investment, Mellon Investments Corporation, Newton Investment Management, Siguler Guff & Company, and Walter Scott & Partners.