dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Social Links
  • zedreviews.com
  • citi.io
  • aster.cloud
  • liwaiwai.com
  • guzz.co.uk
  • atinatin.com
0 Likes
0 Followers
0 Subscribers
dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
  • Technology

UOB Asset Management Sees Surge In Online Corporate Investing As Companies, Especially SMEs, Reap The Benefits Of Digitalisation

  • July 15, 2021
Total
0
Shares
0
0
0

UOB Asset Management Ltd (UOBAM) is seeing a surge in online corporate investing, with the number of users in Singapore, Malaysia and Thailand1 on its digital investment portal for corporate investors, UOBAM Invest, jumping 330 per cent over the last 18 months2. Their total assets under management (AUM) on the online portal also surpassed S$1 billion.

UOBAM believes the rising trend on the UOBAM Invest online portal reflects the increasing demand from corporate investors for sharper digital solutions that offer round-the-clock access and the flexibility to make real-time changes to their investments and personalised portfolios. UOBAM Invest’s Digital Adviser3, which is the first robo-advisory service dedicated to corporate investors in Singapore and Malaysia, features an algorithm-based portfolio planner that enables users to invest in customised portfolios of UOBAM’s funds and global exchange-traded funds (ETFs). Corporate investors can also choose the Fund Direct4 service to build and to manage their own portfolio of funds.

 

About three in five UOBAM Invest users were new customers to UOB Group. Many of the users are small- and medium-sized enterprises (SMEs) that are reaping the benefits of digitalisation in all aspects of their operations. Through UOBAM Invest, these companies have direct access to and greater control over their discretionary investments online, so as to optimise returns and to increase their liquidity more effectively. Other areas in which UOB is helping companies digitalise their business include their day-to-day financial account management through UOB Infinity and administrative processes and e-commerce management through UOB BizSmart.

 

Mr Wee Ee Cheong, Deputy Chairman and Chief Executive Officer, UOB, said, “Our approach is holistic – providing progressive and sustainable solutions that balance risk and returns for our customers’ benefit. We have been enhancing our digital capabilities across various channels, products and services Group-wide to offer our best-in-class solutions to more customers, including offering them the ease and convenience of self-serve online investing. UOBAM’s innovation and deep asset management expertise built up over more than three decades enriches the digital connectivity and suite of investment solutions we offer to our customers to help them achieve their short- and long-term financial goals.”

Mr Thio Boon Kiat, Chief Executive Officer of UOBAM, said, “Technology has enabled us to innovate our investment management services and to offer our Asian-focused experience and expertise to more corporate investors through the UOBAM Invest online portal. Backed by our strong understanding of investors across the region, we designed the digital portal to help corporate investors manage their discretionary investments simply, smartly and securely. The growth in users and AUM is testament to our commitment to meet investors’ needs and we plan to launch UOBAM Invest in more markets progressively.”

 

Mr Carecci Salvatore, owner of the Pasta Fresca Da Salvatore chain of Italian restaurants, said, “The UOBAM Invest digital investment portal is well-designed, user-friendly and secure. I do not have to worry about which region or asset class to invest in as UOBAM Invest generates customised portfolios and optimises the returns-to-risk ratio based on my requirements. There is an opportunity cost for choosing the wrong asset classes, especially when we need to focus on running our business in these challenging times. UOBAM Invest takes out the guesswork.”

 

Strong demand for bond funds and stable returns

Corporate investors’ interest in and demand for online investing continue to rise given the restrictions in face-to-face interactions amid the COVID-19 pandemic. The number of transactions made on the UOBAM Invest online portal this year to date is already more than 60 per cent of the total in the whole of 2020.

 

Against the backdrop of a low interest rate environment, UOBAM has seen strong demand from corporate investors for bond funds that offer stable returns. In particular, UOBAM’s flagship United SGD Fund, which focuses on global short-term, high quality investment-grade bonds, had AUM of more than S$200 million on UOBAM Invest as at 30 June 2021.

 

In helping to steer corporate investors towards sustainable investments and in line with their growing emphasis on investing with purpose, UOBAM has also made available more environment, social and governance (ESG)-focused funds on UOBAM Invest These funds include the United Sustainable Credit Income Fund and United Sustainable Asia Top 50 Fund.

In addition to offering the UOBAM Invest digital investment portal for corporate investors, UOBAM also has a mobile robo-advisory app dedicated to individual investors5. UOBAM Invest has won multiple awards in recent years in recognition of its smart use of technology. These include Best Fintech Innovation in Asset Management in Malaysia and Singapore in 2021 and 2020 respectively, as well as Best Digital Wealth Management in Thailand, at the Asia Asset Management Best of the Best Awards. UOBAM was also named Asia Fund House of the Year at the AsianInvestor Asset Management Awards 2021 for the third consecutive year.


1 UOBAM Invest for corporate investors was launched in Singapore in 2018 and in Malaysia and Thailand in 2020.
2 As at 30 June 2021.
3 UOBAM Invest’s Digital Adviser feature combines UOBAM’s proprietary screening methodology, asset allocation framework and an optimisation algorithm to generate customised portfolios and to project their success probabilities for corporate investors.
4 UOBAM Invest’s Fund Direct is a self-serve feature that enables corporate investors to build their own portfolios and to buy or to sell their fund holdings as and when required.

 

About UOB
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings. In Asia, UOB operates through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and representative offices across the region.

 

Over more than eight decades, generations of UOB employees have carried through the entrepreneurial spirit, the focus on long-term value creation and an unwavering commitment to do what is right for our customers and our colleagues.

 

We believe in being a responsible financial services provider and we are committed to making a difference in the lives of our stakeholders and in the communities in which we operate. Just as we are dedicated to helping our customers manage their finances wisely and to grow their businesses, UOB is steadfast in our support of social development, particularly in the areas of art, children and education.

Total
0
Shares
Share
Tweet
Share
Share
Related Topics
  • UOB
  • UOB BizSmart
  • UOB Infinity
  • UOBAM Invest
dotlah.com

Previous Article
  • Lah!
  • Technology

Misinformation During Pandemic Highlights Role Of Media

  • July 13, 2021
View Post
Next Article
  • Technology

Why Data Is Key To Solving Asia’s Most Pressing Problems

  • July 15, 2021
View Post
You May Also Like
View Post
  • Gears
  • Technology

Apple Vision Pro upgraded with the powerful M5 chip and comfortable Dual Knit Band

  • Dean Marc
  • October 15, 2025
View Post
  • Gears
  • Technology

Meet Samsung Galaxy Tab S11 Series: Packing Everything You Expect From a Premium Tablet

  • Dean Marc
  • September 4, 2025
View Post
  • Technology

Malaysia’s ‘ASEAN Shenzhen’ needs some significant legal reform to take off — here’s how

  • dotlah.com
  • August 25, 2025
View Post
  • Gears
  • Technology

Samsung Electronics Debuts Odyssey G7 Monitors, Showcasing Top Games on Its Displays at Gamescom 2025

  • Dean Marc
  • August 20, 2025
View Post
  • Artificial Intelligence
  • Technology

Thoughts on America’s AI Action Plan

  • Dean Marc
  • July 24, 2025
View Post
  • Technology

ESWIN Computing launches the EBC77 Series Single Board Computer with Ubuntu

  • dotlah.com
  • July 17, 2025
View Post
  • Gears
  • Technology

Samsung Galaxy Z Fold7: Raising the Bar for Smartphones

  • Dean Marc
  • July 9, 2025
View Post
  • Cities
  • Technology

Meralco PowerGen’s PacificLight starts up 100 MW fast-response plant in Singapore

  • dotlah.com
  • June 20, 2025


Trending
  • 1
    • Cities
    • Climate Change
    Europe’s Green Energy Transition Is Gaining Momentum
    • June 27, 2023
  • 2
    • Lah!
    NEA Urges Collective Community Action As We Enter Traditional Peak Dengue Season
    • May 18, 2020
  • 3
    • Technology
    Fewer Cases Of Common Cyber Threats Detected In Singapore In 2018
    • June 18, 2019
  • 4
    • Lah!
    • Technology
    Singapore’s Startups Step Up Innovation Against COVID-19
    • June 21, 2020
  • 5
    • Lah!
    • Society
    Singapore And Brunei Successfully Conclude 24th Edition Of Exercise Maju Bersama
    • February 8, 2020
  • 6
    • Cities
    • Technology
    NTU Students Whizzing Ahead With Foodpanda
    • June 11, 2021
  • 7
    • Society
    How Does The Wuhan Coronavirus Cause Severe Illness?
    • February 4, 2020
  • 8
    • Lah!
    Choose Your Own Adventure: Here Are 5 Ways You Can Celebrate Chinese New Year In Singapore
    • January 25, 2020
  • 9
    • Lah!
    SATS And Sembcorp Form Sustainability Partnership To Green Operations
    • October 29, 2019
  • 10
    • Features
    • People
    How Did ‘White’ Become A Metaphor For All Things Good?
    • July 20, 2020
  • train-rail-lucas-gallone-C_wAF4c9cfE-unsplash 11
    • Cities
    How Future Trains Could Be Less Noisy
    • September 1, 2021
  • 12
    • Society
    • Technology
    Singtel Named Employer Of Choice In Asia
    • October 8, 2020
Trending
  • Bluetooth speakers 1
    Best Bluetooth Speakers Under $200 (2025 Edition)
    • October 16, 2025
  • 2
    Apple Vision Pro upgraded with the powerful M5 chip and comfortable Dual Knit Band
    • October 15, 2025
  • 3
    Apple unveils new 14‑inch MacBook Pro powered by the M5 chip, delivering the next big leap in AI for the Mac
    • October 15, 2025
  • 4
    Apple introduces the powerful new iPad Pro with the M5 chip
    • October 15, 2025
  • 5
    Singapore’s national identity excludes those who don’t look like a ‘regular family’
    • October 9, 2025
  • Smart Watch 6
    Best Smartwatches, Your Gateway to Health Monitoring and Everyday Use
    • October 5, 2025
  • Cooking pots and pans 7
    Best Pots and Pans 2025: All-Season, All-Purpose Picks for Every Kitchen
    • September 23, 2025
  • 8
    Politicians love comparing NZ’s economy to Singapore or Ireland – but it’s simplistic and misleading
    • September 21, 2025
  • Kitchen Knives - Best All-Around Picks in 2025 9
    Kitchen Knives : The Surgeons of Cooking – Best All-Around Picks in 2025
    • September 15, 2025
  • 10
    Apple unveils iPhone 17 Pro and iPhone 17 Pro Max, the most powerful and advanced Pro models ever
    • September 9, 2025
Social Links
dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Connecting Dots Across Asia's Tech and Urban Landscape

Input your search keywords and press Enter.