Crossbridge Capital partners with Globlex Securities in Thailand

  • The new CONNECT by Globlex leverages Crossbridge’s robo-advisory service, to bring customised and actively managed investment portfolios to Thai accredited investors.
  • First roll out of the CONNECT platform beyond Singapore

Singapore, 26 July 2019

Crossbridge Capital (“Crossbridge”), the leading independent global wealth manager with over US$4.5 billion under advisement, today announced it is partnering with Globlex Securities (“Globlex”), a Thailand-based securities broker to help them launch the CONNECT by Globlex robo-advisory service, and bring customised and actively managed investment portfolios to Thai accredited investors. Effectively combining personalised advice, the latest technology and outstanding research, CONNECT by Globlex will allow Thailand-based investors to take control of their investment portfolios and maximise their returns.

For a securities broker offering traditional brokerage and trading services, the integration of CONNECT by Globlex will add premier digital wealth management to Globlex’s suite of product offerings, enabling it to deepen relationships with its existing customers and to reach a broader client base cost-effectively. Through CONNECT, Globlex will be able to offer rigorously constructed, goals-based investment portfolios to suit investment objectives and risk appetites, diversified across twelve global asset classes.

“The decision to partner with Crossbridge was based on their superior ability to bring a seamless digital wealth management experience, the strength of their technology and their investment expertise. There is huge growth potential in the wealth management space in Thailand, with customers increasingly looking for the next-generation digital solution to manage their wealth efficiently, and CONNECT by Globlex will create a truly differentiated offering from our competitors,” said Thanapisal Koohapremkit, Chief Executive Officer of Globlex Securities.

“We are thrilled by this new partnership as we begin to roll out the CONNECT platform beyond Singapore. We look forward to working together with Globlex to help them better serve their clients and to further shape the digital wealth management industry in Thailand,” said Charlie O’Flaherty, Partner and Head of Digital Strategy and Distribution, at Crossbridge Capital.

The decision to partner with Globlex follows the success of CONNECT by Crossbridge; Singapore’s first robo-adviser that launched in late 2016. CONNECT by Crossbridge was developed in collaboration with top-tier industry providers to bring customised, actively managed, investment portfolios to accredited investors. Its goals-based investment portfolios give clients a personalised asset allocation to suit their risk profiles and objectives.

Crossbridge Capital recently announced significant updates to its CONNECT by Crossbridge digital platform, which further enriched the premium customer experience for accredited investors like synchronisation to Singapore’s MyInfo, enhanced User Experience and 100% in-house technology development.

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For further information visit CONNECT by Crossbridge’s website here.

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About CONNECT by Crossbridge

CONNECT by Crossbridge is Singapore’s first robo-adviser, launched in November 2016. Developed in collaboration with top-tier industry providers – Morningstar, Pershing (a BNY Mellon Company), and Julius Baer, CONNECT by Crossbridge is an intuitive digital platform offering tailored investment strategies to accredited investors in Singapore. Having a U.S.-regulated entity as custodian (Pershing) means that U.S. expatriate investors are also eligible to invest on the platform. CONNECT by Crossbridge uses actively managed Certificates as the investment vehicle for investors’ portfolios. Banque Julius Baer, one of Switzerland’s leading private banks, provides and issues these Certificates. Each CONNECT Certificate is built around its unique investment strategy, formulated in partnership with Morningstar, and may hold individual securities, commodities, exchange traded funds, or other alternative assets – all chosen to provide optimal returns at every level of risk.

About Crossbridge Capital

Crossbridge Capital was launched in 2008 in London with a vision to create an independent, investment advisory firm that offers a fully integrated financial services platform to entrepreneurs and families in Emerging Markets worldwide. Today, backed by two of the world’s leading banks as minority investors, Crossbridge Capital operates in many of the world’s leading Emerging Markets supported by a team of 34 professionals in four Crossbridge Capital locations: London, Singapore, Monaco and Malta. After its successful launch in London with authorisation and regulation by the Financial Conduct Authority (FCA), in November 2010 Crossbridge Capital officially opened its first Asia office in Singapore after receiving approval from the Monetary Authority of Singapore (MAS). In May 2016 the company opened its doors in Monaco after receiving authorisation from the Commission for the Control of Financial Activities (CCAF). These signaled significant landmarks in the company’s history and set the bar for its ambitious, yet considered geographic and client engagement growth strategy.

More information can be found at www.crossbridgecapital.com

About Globlex Securities

Globlex Securities Co., Ltd (GBS) was founded in 2002 as a No.25 brokerage member of the Stock Exchange of Thailand (SET) and became a member of the Thailand Futures Exchange Public Company Limited (TFEX) in 2007. More than 99% shares of GBS are held by Globlex Holding Management Public Company which is listed on the Thailand Stock Exchange. With 8 licenses: Securities Brokerage, Securities Dealing, Securities Underwriting, Investment Advisory Services, Private Fund Management, Securities Borrowing and Lending, Derivatives Broker, and Derivative Dealing, GBS is a one-stop provider of capital market solutions in Thailand to over 20,000 Thai institutional and individual clients. In 2019, GBS, partnered with Crossbridge Capital (“Crossbridge”), the experienced global wealth management firm, to launch CONNECT by Globlex, a digital robo-advisory service to Accredited Thai investors in order to provide access to better worldwide investment solutions and performance.

More information can be found at https://www.globlex.co.th/