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Finnomena teams up with Franklin Templeton to "disrupt" industry


Thai digital investment management platform Finnomena aims to be a “disruptive” force in the local asset management industry by teaming up with US asset manager Franklin Templeton to open up retail access to products and solutions typically available only to those with at least 50 million baht (US$1.66 million) to invest.
The move involves Finnomena expanding its private banking segment in the first half of the year with customised investment solutions for clients with at least 10 million baht to invest. And in the second half, it plans to introduce a so-called goal-based wealth management solution targeting mass retail investors and others with at least 500,000 baht of assets. All the products will be powered by Franklin Templeton’s technology. ....

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