Tiger Fund Management officially started its operations in the Asian market.
The firm has secured partnerships with Yuanta Securities, aiming to launch a money market fund.
Tiger Fund
Management (TFM), an affiliate of Tiger Brokers (Singapore) retail trading
company, has officially commenced its operations in Singapore after receiving
its Capital Market Services, Fund Management license from the Monetary
Authority of Singapore (MAS) in May 2023. Already managing over SGD 300 million
($220 million) in assets, the firm aims to offer individual and institutional
investors a range of asset management and wealth management services.
A Strategic Milestone for
Tiger Brokers
TFM's
launch is considered a significant step for Tiger Brokers. Henry Toh, the CFO
of Tiger Brokers (Singapore), mentioned that the inception of TFM aligns with
their long-term commitment to providing comprehensive financial services. This
move signifies Tiger Brokers' debut in the fund management sector and its
growth in the Singapore market and the broader Asian region.
"As
part of our long-standing commitment to offering more efficient, innovative and
holistic financial services, TFM aspires to deliver exceptional value serving
the needs of our clients and capturing growth opportunities in these
strategically important business areas," Toh added.
The company
has strategically partnered with Yuanta Securities (Hong Kong) to broaden its
service offerings. Through this memorandum of understanding (MOU), TFM commits
to enhancing its product line and extending its market reach. This MOU also
represents Yuanta Securities' first collaboration with a Singaporean fund
management firm.
Tiger Fund Management Plans
and New CEO
Building on
Tiger Group's technological strengths, TFM plans to offer various asset
management products and wealth management services. A money market fund,
advised by Yuanta Securities (Hong Kong), is slated for a late 2023 launch.
This new product aims to provide investors with liquidity options while
offering competitive returns with USD short-term deposits.
Jeremy Tan,
the former Chief Investment Officer at Tiger Brokers (Singapore), was recently
appointed as the CEO of Tiger Fund Management. He sees the partnership with
Yuanta Securities as a stepping stone for future collaborations. Under his
leadership, the company aims to continue joint investment and fundraising
activities, including the planned money market fund and potentially other funds
relevant to their client base in Asia.
"Looking
ahead, we will continue to work together on investment and fundraising
activities for all joint fund launches, starting with the money market fund
later this year, and will look into the possibility of establishing other funds
in Asia relevant to our clients," Tan added.
Before
joining TFM, Jeremy Tan gained considerable experience in asset management,
previously working at United Overseas Bank and other financial institutions. He
plans to leverage this expertise to enhance TFM's fund management capabilities
and to meet the financial needs of both individual and institutional clients.
Tiger Brokers Bets on AI,
Reports Two-Year High in Profit
After a three-month trial involving more than 11,000 investors and
cryptocurrency traders, Tiger Brokers has unveiled TigerGPT, a
first-of-its-kind AI-based investment assistant in the brokerage world. The
assistant is now available to users in New Zealand, Australia, and Singapore,
with plans to expand to additional countries.
UP Fintech's revenue for the second quarter touched $66.1 million, marking
a year-over-year increase of 23.5%. This performance aligns closely with the
revenue figure of $66.3 million from the previous quarter. Furthermore, the
company's non-GAAP profit escalated to a two-year record high of $15.3 million.
Tiger Fund
Management (TFM), an affiliate of Tiger Brokers (Singapore) retail trading
company, has officially commenced its operations in Singapore after receiving
its Capital Market Services, Fund Management license from the Monetary
Authority of Singapore (MAS) in May 2023. Already managing over SGD 300 million
($220 million) in assets, the firm aims to offer individual and institutional
investors a range of asset management and wealth management services.
A Strategic Milestone for
Tiger Brokers
TFM's
launch is considered a significant step for Tiger Brokers. Henry Toh, the CFO
of Tiger Brokers (Singapore), mentioned that the inception of TFM aligns with
their long-term commitment to providing comprehensive financial services. This
move signifies Tiger Brokers' debut in the fund management sector and its
growth in the Singapore market and the broader Asian region.
"As
part of our long-standing commitment to offering more efficient, innovative and
holistic financial services, TFM aspires to deliver exceptional value serving
the needs of our clients and capturing growth opportunities in these
strategically important business areas," Toh added.
The company
has strategically partnered with Yuanta Securities (Hong Kong) to broaden its
service offerings. Through this memorandum of understanding (MOU), TFM commits
to enhancing its product line and extending its market reach. This MOU also
represents Yuanta Securities' first collaboration with a Singaporean fund
management firm.
Tiger Fund Management Plans
and New CEO
Building on
Tiger Group's technological strengths, TFM plans to offer various asset
management products and wealth management services. A money market fund,
advised by Yuanta Securities (Hong Kong), is slated for a late 2023 launch.
This new product aims to provide investors with liquidity options while
offering competitive returns with USD short-term deposits.
Jeremy Tan,
the former Chief Investment Officer at Tiger Brokers (Singapore), was recently
appointed as the CEO of Tiger Fund Management. He sees the partnership with
Yuanta Securities as a stepping stone for future collaborations. Under his
leadership, the company aims to continue joint investment and fundraising
activities, including the planned money market fund and potentially other funds
relevant to their client base in Asia.
"Looking
ahead, we will continue to work together on investment and fundraising
activities for all joint fund launches, starting with the money market fund
later this year, and will look into the possibility of establishing other funds
in Asia relevant to our clients," Tan added.
Before
joining TFM, Jeremy Tan gained considerable experience in asset management,
previously working at United Overseas Bank and other financial institutions. He
plans to leverage this expertise to enhance TFM's fund management capabilities
and to meet the financial needs of both individual and institutional clients.
Tiger Brokers Bets on AI,
Reports Two-Year High in Profit
After a three-month trial involving more than 11,000 investors and
cryptocurrency traders, Tiger Brokers has unveiled TigerGPT, a
first-of-its-kind AI-based investment assistant in the brokerage world. The
assistant is now available to users in New Zealand, Australia, and Singapore,
with plans to expand to additional countries.
UP Fintech's revenue for the second quarter touched $66.1 million, marking
a year-over-year increase of 23.5%. This performance aligns closely with the
revenue figure of $66.3 million from the previous quarter. Furthermore, the
company's non-GAAP profit escalated to a two-year record high of $15.3 million.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
TradingView Adds Spread Betting to Its Platform via Spreadex Integration
Hannelé De Necker, CEO, IFX Brokers | FMAS:24
Hannelé De Necker, CEO, IFX Brokers | FMAS:24
1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
FMAS:24 | Sneak Peak
FMAS:24 | Sneak Peak
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
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Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
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Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa