Peter Loehnert, head of ETFs and index investing, APAC at BlackRock says: “We are excited that StashAway is launching portfolios powered by BlackRock’s analysis. This partnership will give more investors across Asia access to BlackRock’s insights and investment capabilities via StashAway’s platform, offering diversified and liquid ETFs as building blocks for portfolio construction, maximising the value of ETF investing.”
Digital wealth platform StashAway has partnered American investment company BlackRock to launch multi-asset model portfolios for investors. Available on the StashAway app, this is the platform’s third portfolio.
All new deposits into the General Investing powered by BlackRock portfolio will be managed for free until July 31, 2023. Thereafter, the management fee will be the same as StashAway’s other portfolios, at 0.2% to 0.8% p.a., says the company in a Sept 1 press release.
