
AQUMON Opens New Office In Shanghai
Written by AQUMON Team on 2022-02-24
As Asia’s leading digital wealth management company, we are excited to announce the grand opening of our Shanghai office. The new location is a strategic next step for the firm to grow beyond the Greater Bay Area into the Pearl River Delta Economic zones, where we hope to expand our scientific investment offerings to onshore clients. This expansion will mark AQUMON’s operating presence in its 3rd Chinese city following Hong Kong and Shenzhen, and further strengthen our wealth management offerings in China.
“China’s growth potential in the wealth management market is tremendous. At the end of 2021, it was conservatively estimated that there are 30 million investors with investable assets of more than 1 million yuan, and we are continuing to see the growth of middle-class assets. In view of the trend, we remain very optimistic about the development of China’s wealth management market, especially since mainland investors are becoming more sophisticated, looking towards more personalised and technologically-advanced investment products,” says Kelvin Lei, CEO & Co-Founder of AQUMON. “We are thrilled to finally announce our entry into Shanghai, a leading financial center, in order to better connect and service our Chinese clients.”
Rapid Development of our Onshore Investment Management Business
AQUMON’s onshore investment management business has been growing substantially with a dramatic growth of 454% AUM in the past year. With the launch of the business unit in 2019, we are thrilled to receive our Private Investment Fund License from the Asset Management Association of China (AMAC). The quantitative strategies offerings are subsumed under the newly launched AQUMON Bespoke service. If you are interested in our quantitative strategies offerings, feel free to reach out to our Wealth Management team to learn more.
Kelvin further remarks, “We are confident that our high-performance algorithmic strategies combined with high-tech platforms and personalized services will give customers better alpha-driven returns and drive adoption of digital WealthTech products in China.”
The grand launch marks a milestone in our founding journey. AQUMON will continue to deliver our promise and bring better wealth management services to you all.
About us
AQUMON is a Hong Kong based award-winning financial technology company. Our mission is to leverage smart technology to make next-generation investment services affordable, transparent and accessible to both institutional clients and the general public. Through its proprietary algorithms and scalable, technical infrastructure, AQUMON’s automated platform empowers anyone to invest and maximise their returns. AQUMON has partnered with more than 100 financial institutions in Hong Kong and beyond, including AIA, CMB Wing Lung Bank, ChinaAMC, and Guangzhou Rural Commercial Bank. Hong Kong University of Science and Technology, the Alibaba Entrepreneurs Fund, affiliate of BOC International Holdings Limited, Zheng He Capital Management and Cyberport are among AQUMON's investors.
The brand is held under Magnum Research Limited and is licensed with Type 1, 4 and 9 under the Securities and Futures Commission (SFC) of Hong Kong. AQUMON is also licensed by the U.S. Securities and Exchange Commission (SEC) and the Asset Management Association of China (AMAC).
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