New Products

Asia's Fortune Fountain Capital Launches New Wealth, Real Estate Products

Tom Burroughes Group Editor June 5, 2017

Asia's Fortune Fountain Capital Launches New Wealth, Real Estate Products

This publication covers latest news in and around wealth management product offerings in the Asia-Pacific region.

Fortune Fountain Capital, which provides financial services, wealth management, family office and principal investment, has rolled out asset allocation products for high net worth clients. Separately, it has introduced overseas property products at this target market.

The products are Bonus Power Plan 2 and Protect Elevator/Protect Elevator Plus. These are underwritten by AIA Group. Bonus Power Plan 2 is a dollar-participating insurance plan that provides long-term returns and suitable, the firm said, for children's education funds, retirement plan, and wealth inheritance. Protect Elevator/Protect Elevator Plus is a participating insurance plan providing life insurance, critical illness protection up to the age of 100 and potential wealth accumulation. The plan covers 54 critical illnesses, 39 early stage critical illnesses and seven severe child diseases.

"Nowadays, overseas insurance products, in addition to managing life risks, are also demanded to take on the role of ensuring family wealth succession and decentralizing currency risk. It becomes a great opportunity for FFC in identifying and meeting those needs and creating unique values for our clients," Kevin Sims, chief executive of FFC, said.

The firm has also rolled out overseas property products to high-net-worth individuals and families. The project is in the Caribbean islands of St Kitts; the project is called Pirate's Nest II, comprising 106 serviced apartments.

FFC was founded by Hong Kong and mainland China families and the the descendant of Wang Xizhi, one the most famous calligraphers in Chinese history.

 

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