Endowus targets EAMs with CIO desk and fee-only model

Digital wealth platform Endowus is targeting external asset managers (EAMs) in Hong Kong, believing its chief investment office (CIO) and fee rebates will appeal to margin-pressured firms. Steffanie Yuen, managing director and head of Hong Kong, said inbound demand from EAMs has grown over the past three years. “Partnering with these EAMs is highly complementary, allowing Endowus to reach a…

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