Endowus, the Singapore-based wealth management platform, has partnered with the global alternative investment management firm Man Group to bring their credit offerings to clients in Hong Kong and Singapore.

Endowus said in a statement on Wednesday that through this partnership, the firm will provide access to Man Group’s differentiated solutions under its premier global credit platform, which manages $35 billion in credit assets, ranging from discretionary long-only to alternative credit strategies.

Man Group is an established manager in traditional and alternative investment strategies and works with some of the world’s most sophisticated investors, including sovereign wealth funds, pensions, and institutions.

“Man Group has an established history and legacy globally, and Endowus is proud to be their first strategic partnership with a digital wealth platform in Hong Kong and Singapore,

“We set out to provide the most comprehensive investment solutions to our clients and this partnership adds to our growing arsenal of alternatives that enable our clients to build strong and resilient portfolios,” said Samuel Rhee, Chairman and Group Chief Investment Officer of Endowus,

According to the statement, this partnership highlights Endowus’ position as a leading wealth platform in the region.

The firm has been adding more tailored options as the firm aims to introduce holistic investment solutions to help clients diversify portfolios.

“Asia’s private wealth market is expanding rapidly, and Singapore and Hong Kong are at the forefront of this growth,

“As investors increasingly seek credit strategies of an institutional quality, to diversify their portfolios, we see an immense opportunity to bring our expertise to this area,” said Mark Bedford, Global Head of Wealth at Man Group.

According to him, this partnership with Endowus marks an exciting step in Man Group’s deepening engagement with the wealth segment, enabling the firm to provide sophisticated credit solutions to a new generation of investors in Asia.

Founded in 2017, Endowus is a digital advisor in the region to span personal savings, private wealth and public pension, helping investors – individuals, family offices, endowments, and institutions – grow their wealth.

The firm partners with 80+ global fund managers across public markets, private markets, hedge funds and alternatives to provide wealth solutions to its clients.

The firm has raised a total of over $110 million in funding from investors including UBS, EDBI, Prosus Ventures, Lightspeed Venture Partners, Citi Ventures, MUFG Innovation Partners, Singtel Innov8, Samsung Ventures, SBVA, OSK Ventures, Z Venture Capital, and ACF – a joint venture between JLIN LLC and The Wells Investments.

The firm also has some of the largest billionaire family offices in Asia, as well as the founders and employees of Endowus.

The Endowus Group comprises Endowus’ licensed companies in Hong Kong and Singapore, as well as Hong Kong-based multi-family office Carret Private.

With group assets of over $7 billion, it is one of the largest independent wealth managers in Asia.

Headquartered and listed in London, Man Group manages $168.6 billion of investment and operates across multiple offices globally.

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