Singapore Fund Manager Debuts Online Investing Platform In City-State

Josh O'Neill

20 April 2017

A Singapore-based independent fund manager has rolled out its online investing platform in the city-state, which is accessible by all accredited investors.

Jachin Capital, a self-proclaimed “home-grown” fund manager, announced it had received a capital markets service licence from Singapore's central bank and financial regulator, the Monetary Authority of Singapore, for iAdvisor.

The new platform currently boasts 28 portfolios with a range of investment themes including banking, cyber security, robotics and driverless cars.

Jachin Capital says the underlying baskets for each theme are stocks listed in five countries, and this ability to directly invest in stocks listed in different countries is the platform's “unique feature”.

The firm said in a statement: “The portfolios are regularly reviewed and re-balanced. If you think the Chinese on-line consumer represents the wave of the future, you can invest in the 'China Online US' portfolio and at the click of a button, you are investing in a basket of 20 US-listed internet-related stocks domiciled in China such as Alibaba and Baidu. Or, if you are looking for dividend yield in Singapore, you can invest in Jachin Capital’s 'SMART Real Estate Singapore' portfolio. This presently gives you an annual dividend yield of 5%.”

Joyce Woo, founder and chief executive of Jachin Capital, who built her 31-year career mostly in private banking, commented: “We are pleased that MAS has approved our application for a capital markets services licence to offer our iAdvisor platform in Singapore. We are also glad to contribute to Singapore’s exciting, evolving fintech sector.”