The move is said to broaden Yangzijiang Financial’s investor reach and boost its assets under management (AUM).
GEM Asset Management, the wholly-owned subsidiary of Yangzijiang Financial (SGX:YF8
) , has signed a memorandum of understanding (MOU) with private market exchange ADDX to distribute its capital market products.
According to Yangzijiang Financial, ADDX will serve as an additional channel to distribute its funds, including its newly-introduced maritime fund and cash management fund.
