Client Assets Surge at New KGI Wealth Unit

KGI Asia launched a new wealth management service that has managed to attract a sizeable amount of assets in a mere two months.

In just two months, KGI Asia’s newly launched wealth management service, KGI Asia Sage, has reached $1.5 billion in assets under management (AUM), according to a statement.

KGI Asia Sage provides a wide range of products and services across investments, financing, cross-border needs and more. Its 300 relationship managers partner with investment and product specialists to target clients with $250,000 or above in investable assets.

Growth Plans

KGI Asia Sage aims to further double its AUM in the next 1-2 years and become «a preferred wealth management partner in Asia» within the next 3-5 years.

«It is no secret that due to strengthening economies, greater savings, and new wealth creation, Asia Pacific affluence is on the rise,» said KGI Asia CEO Reddy Wong.

KGI Asia was founded in Hong Kong in 1997 and is backed by parent company, KGI Securities and China Development Financial Holding Corporation in Taiwan. It currently has a network that spans Taiwan, Hong Kong, Singapore, Indonesia, and Thailand, providing wealth management, brokerage, investment banking, fixed income and asset management services.