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Huatai International’s Zhangle Global Partners with AQUMON to Launch Letou, First SaaS-powered Robo-advisory Service in Hong Kong

2022年2月27日 | Hubbis | 投資對象
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Huatai International has announced the launch of its robo-advisory offering “Letou” in Hong Kong through a partnership with AQUMON. Letou is now available in the Zhangle Global app.
 
By using AQUMON's robo-advisory technology and big data analysis, Letou selects quality funds from top global fund houses such as BlackRock, Morgan Stanley and Franklin to form a pool of quality funds and designs a sophisticated fund evaluation system based on market data to have a secondary screening of funds in the pool. The evaluation system takes into account more than 200 factors, including macroeconomy, industry operation, fund investment, historical performance, fund manager, and fund house. It uses quantitative research methods and dynamic quantitative models to score and select funds.
Compared with other robo-advisory offerings in the market, Letou offers up to 10 investment portfolios with different risk levels and volatility, each with 8 to11 funds, which cover a wide range of assets, such as stocks and bonds in the US and other countries and regions across Asia and Europe, and popular investment themes such as healthcare, technology and finance. Some of the portfolios had a cumulative return of more than 140% in the past 5 years, exceeding the benchmark return by 2 times, with an annualized volatility of less than 20%.
Investors can use Letou robo-advisory service after completing a risk tolerance questionnaire. Based on each investor's risk appetite, the service automatically recommends portfolios, monitors them around the clock, provides timely recommendations to adjust positions when they deviate significantly from investment objectives, and reviews positions on a quarterly basis. Letou has a minimum investment amount as low as USD500, with no investment advisory fee or fund redemption fee.
AQUMON’s proprietary analytics and research capabilities provide technology support for Letou. Its unique SaaS business model, Robo-advisory as a Service (RaaS), develops personalized investment portfolios for clients through cloud technology and can be flexibly configured on mobile and web platforms, with highly customized product interfaces and workflows to optimize users’ investment experience.
“Since its debut, Zhangle Global has kept integrating Fintech into traditional wealth management and achieved 1 million downloads in a short period of time. We are pleased to collaborate with AQUMON to launch our robo-advisory product Letou. Amid the pandemic, we hope Letou can help alleviate investors' concerns on financial volatility. In the future, Zhangle Global will continue to serve the local Chinese community and provide intelligent, convenient and reliable wealth management services to more investors,” said Zhu Yali, Managing Director of Huatai International, Head of Fintech and retail business, and Head of Zhangle Global.
 
“We are delighted to empower Huatai International to service a greater number of end-users in their investment journey. The new SaaS model allows us to collaborate with regional financial institutions with greater efficiency and rapidly service retail investors at scale,” said Kelvin Lei, CEO & Co-Founder of AQUMON.