Tiger Brokers (Singapore), on Aug 4, announced its partnership with Azimut Investment Management to onboard Azimut’s funds onto its platform.
Azimut Investment Management is a wholly-owned subsidiary of Azimut Group, one of Europe’s leading independent asset managers.
Through the partnership, Azimut’s customers will be able to seamlessly invest in a wide range of products that are offered through the Tiger Brokers platform.
The collaboration will also allow Azimut’s customers to perform transactions independently without engaging an Azimut intermediary to implement investment decisions on their behalf, thereby enabling them to execute investment decisions in real-time
Furthermore, Azimut’s second generation customers, who are typically younger, tech-savvy, high net worth individuals who seek growing autonomy in their investment decisions, will benefit from continued advice from relationship managers to maximise the returns on their invested assets.
In addition, customer accounts that require active management from Azimut relationship managers will also be easily accessible via the Tiger Brokers platform.
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In turn, Tiger Brokers’ users will also benefit from the increased choice from the additional funds on offer.
The funds include active equities, bonds, asset allocation and alternative strategies accessible as UCITS funds and Azimut's two newly launched variable capital company (VCC) funds.
UCITS stands for undertakings for the collective investment in transferable securities, which are investment funds regulated at the European Union (EU) level.
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Other products include the Singapore diversified fund, an active Singapore-balanced strategy with income distribution, and the Sestante global diversified fund, an all-weather global unconstrained strategy.
Grace Yong, Business Development Director at Tiger Brokers (Singapore) says, “We are pleased to announce our partnership with Azimut Investment Management and look forward to extending our next-generation technology platform to Azimut’s customer base.”
“Our partnership with Azimut will not only streamline the investing process for Azimut’s customers, but will also serve to increase the portfolio of products available on Tiger Brokers’ platform, for our existing users. We continue to use our next-generation technology to offer investors low cost and unrivalled access to a fast-growing suite of investments products, across a wide range of securities and funds,” she adds.
Andrea Ciaccio, CEO, Azimut Investment Management called the partnership with Tiger Brokers an “exciting step” for Azimut Investment Management.
“We continually look at ways to improve our processes and offerings for our client base and believe that our collaboration with Tiger Brokers will provide our customers with the unique opportunity to combine the ability to trade autonomously with continued advice from our experienced team of wealth management professionals,” he says.
