StashAway Partners Blackrock to Roll Out Multi-Asset Model Portfoliosby Fintech News Singapore September 1, 2022
Southeast Asian digital wealth manager StashAway has partnered with asset manager BlackRock to offer a suite of globally diversified multi-asset model portfolios.
Built from BlackRock’s analytics and ETFs, the portfolios will be managed by StashAway.
On the StashAway app, General Investing portfolios make it easy for all investors to get access to globally diversified, multi-asset portfolios of ETFs that are optimised for long-term risk-adjusted returns. Investors can now choose from three different General Investing strategies.
The StashAway-powered General Investing portfolio optimises for long-term risk adjusted returns while keeping the risks constant. The Responsible Investing portfolio does the same while also optimising for ESG impact.
Meanwhile, the third BlackRock-powered General Investing portfolio is a new long-term investment strategy that offers even broader diversification for the investor.
Peter Loehnert, Head of ETFs and Index Investing APAC at BlackRock said,
“We are excited that StashAway is launching portfolios powered by BlackRock’s analysis.
This partnership will give more investors across Asia access to BlackRock’s insights and investment capabilities via StashAway’s platform, offering diversified and liquid ETFs as building blocks for portfolio construction, maximising the value of ETF investing.”
Michele Ferrario, Co-founder and CEO of StashAway said,
“We started out with a single investment strategy, but we always wanted to evolve into a platform that provides investors not only easy access to the best investment options, but also investment options that they could grow into.
Investing is a journey. It takes time to amass enough wealth to start diversifying investment strategies. And we want to be there every step of the way for our clients.”