StashAway: High-net-worth Malaysians now more receptive to digital investment platforms

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

John Gilbert News

South Africa South Africa Latest News,South Africa South Africa Headlines

KUALA LUMPUR: Malaysian high-net-worth individuals are increasingly open to investing in digital investment platforms and are recognising the potentia...

Malaysian high-net-worth individuals are increasingly open to investing in digital investment platforms and are recognising the potential returns these platforms offer.

“On average, our high-net-worth clients invested RM150,000 with us, with some investments reaching into the millions. This challenges the perception that older clients are not tech-savvy or distrust digital platforms.

“Our role is to help them invest globally and diversify their portfolios. For clients who are experts in a particular area, we manage the portions of their wealth they lack the time or expertise to oversee. The platform has reshaped the country’s investment landscape, disrupting a financial services sector long dominated by high fees. This achievement underscores a growing shift towards digital-first, cost-efficient investment solutions, with StashAway serving over 50,000 clients in Malaysia.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines