Personal Finance Show: AQUMON - The digital future of wealth management

Alibaba-backed AQUMON is a Hong Kong-based digital wealth management platform that was founded in 2016. Their aim is to use technology to provide next generation investing services which are more accessible and affordable for institutional and individual clients. AQUMON’s automated platform makes wealth management services accessible to everyone by combining financial knowledge with proprietary AI algorithms.

Since 2020, AQUMON has launched its Asset Management business providing professional investors with tailored, quantitative investing solutions, and has worked with over 100 financial institutions in Hong Kong, Mainland China, and abroad, including partnership with CMB Wing Lung Bank and China Resources Bank.

In our conversation with Kelvin Lei, the CEO and co-founder of AQUMON, he gives us a perspective of how the they work and what makes them different from other fintech platforms. He says their business strategy is based on breaking through the wealth management industry’s high barrier to entry and becoming the number one choice for customers looking to build their asset allocation portfolio. He also points out that they work closely with regulatory agencies to ensure the interests of their clients will not be compromised.

Kelvin says the company employs a team of PhD experts in quantitative science and IT specialists who work together to provide innovative quantitative financial solutions. Over 70% of the staff is involved in research, and the results can be seen in the competitive performance of their products.

Additionally, he also shares on some of the products they currently offer.

Finally, Kelvin talks about the company’s expansion plans outside of Hong Kong and China. He says that with their exposure in mainland China and the company’s headquarters based in Asia’s financial hub Hong Kong, they are confident to make a presence in other international markets.