Schroders and Robowealth launch digital multi-asset solution for investors in Thailand
Following a strategic partnership announced last year, the Schroders Growth & Income Solution draws on the robust capabilities of both powerhouses.
Schroders Singapore and Thailand-based Robowealth today announced the launch of the Schroders Growth & Income Solution, a brand-new multi-asset portfolio comprising best-in-class Thai-domiciled funds. The solution aims to help Thai investors achieve regular returns over the long term, through a dynamic, diversified digital wealth solution.
Central to the solution is Schroders’ strategic capabilities in multi-asset and third-party fund manager research. Schroders will advise Robowealth on dynamic asset allocation, using forward-looking scenario analysis, to navigate investment opportunities with active downside risk management. Through robust research of third-party managers, Schroder’s team constructs an open architecture portfolio of funds that are best-in-class in the Thai onshore market which Robowealth can extend to Thai investors.
The solution will be offered to Thai investors exclusively through Robowealth’s “odini BLACK” platform. The minimum investment capital for the new solution is set at THB 500,000, making it accessible to a wide group of investors in the market.
The launch builds on a strategic partnership between Schroders and Robowealth, first announced in September 2021, with the aim of co-developing tailored digital wealth solutions and educational content, to help Thai investors make informed financial decisions aligned with their long-term investment objectives. The partnership will continue to provide for future joint product development of wealth solutions, using a combination of onshore and offshore funds, to provide Thai investors with more investment options.
Robowealth is a leading specialist in developing wealth tech solutions in Thailand, specifically providing model portfolio services and mutual fund investment services across various platforms and brandings.
Mr Pasu Liptapanlop, Co-Founder, Robowealth, said: "Wealth inequality is a growing challenge in Thailand, which can be partly attributed to a lack of investment knowledge by the general population. As such, Robowealth has developed an intuitive investment application to help address this challenge. We are pleased to introduce the Schroders Growth & Income Portfolio on odini’s robo-advisory app, co-developed with a leading global investment manager. The addition of this portfolio will enable Thai investors to gain convenient access to a best-in-class multi-asset solution."
Mr Arthit Thongchareon, Head of Thailand Business, Schroders, commented:“We are excited to launch the Schroders Growth & Income Portfolio with Robowealth, providing their clients with a bespoke investment solution and access to Schroders’ global investment expertise from our award-winning multi-asset team. We look forward to deepening our partnership through co-developing more innovative solutions as well as curated investment content, so as to provide a holistic digital investment experience for Thai investors over the long term.”
Ms Lily Choh, CEO, Schroders Singapore, commented: “At Schroders, we continually evolve ourselves to deliver innovative solutions catering to different investment objectives and segments. Digital investment is a fast-growing segment in Thailand, and overall assets under management in the sector is expected to accelerate in years to come. We believe we are well-placed to tap on this growth in Thailand by leveraging on our global strategic capabilities and partnering Robowealth with their deep local experience and expertise, to anticipate the needs of Thai investors.”
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