Syfe launches Syfe Income+ product in Hong Kong, target 6% to 8.6% payouts
The digital investment platform held a seminar alongside the product’s launch.
Digital investment platform Syfe has launched its Syfe Income+ product in Hong Kong.
Syfe Income+ is a discretionary managed portfolio service that targets monthly payouts between 6% to 8.6% per annum.
Sylfe Income+ portfolios tap into active funds managed by asset managers such as HSBC, Franklin Templeton and Alliance Bernstein. Syfe promises that the solution offers institutional grade fixed income strategies to help investors navigate unforeseen market conditions and rising interest rates with ease and flexibility, which should enable them to optimize their income at a low cost.
ALSO READ: Did digital banks fail to disrupt?
Alongside the launch, Syfe organized a seminar on 8 August where industry speakers and the Syfe team discussed fixed income investment opportunities and highlighted how Syfe Income+ can help investors grow their passive income.
The Syfe team was joined by elite industry speakers including Neil Tan, Chairman of the FinTech Association of Hong Kong; Wilson Au, Head of Market Strategists, Wholesale Business, HSBC Asset Management; Simon Wong, Co-Head of Hong Kong and Head of Retail Sales, Greater China, Franklin Templeton Investments (Asia) Limited, Hong Kong; and Oscar Choi, Founder and CIO, OP Capital.
In a market environment fraught with lingering uncertainties, persistent inflation and high interest rates, a diversified investment portfolio that tackles the diverse, yet specific needs of investors are of utmost importance, said Kevin Li, general manager and head of Hong Kong, Syfe.
ALSO READ: Fintech funding slows to 10-year low as investors tout quality over quantity
"Our ultimate aim is to empower investors with a regular stream of passive income by optimizing asset allocations and maximizing potential wealth, while effectively managing risks. Syfe is here to do just that — and do it well, with the unparalleled versatility and affordability of our holistic financial solutions," Li said.