Endowus’ acquisition of Carret Private signals its accelerating entry and commitment to serve the needs of Hong Kong investors and its greater ambition to serve the regional wealth markets, says the company in an Oct 17 press release.
Digital wealth advisory platform Endowus has acquired a majority stake in Carret Private Investments Limited, a Hong Kong-based wealth manager and multi-family office.
Together, the two firms manage client assets of over US$4 billion ($5.7 billion) as of end-June.
