Stockbit, Fullerton buy Jakarta-based Ayers Asia in wealth management push
The startup raised an undisclosed amount in a Series A funding round led by East Ventures in 2019.
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The startup raised an undisclosed amount in a Series A funding round led by East Ventures in 2019.
Both firms will collaborate to deliver investment solutions tailored to the needs of Indonesian investors JAKARTA, Indonesia and SINGAPORE, May 30, 2023 /PRNewswire/ --PT Stockbit Investa Bersama ("Stockbit") and Fullerton Fund Management Company Ltd ("Fullerton"), have entered into a strategic partnership to address the wealth management needs of Indonesian investors. Stockbit, Indonesia's leading digital investing platform and Fullerton, an established Singapore headquartered investment specialist, have jointly acquired PT Ayers Asia Asset Management, an Indonesian as...
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IMAS CEO Carmen Wee says the appointment marks the first time the chairmanship is being held by the representative of a local fund management company.
Ken Goh succeeds Patrick Yeo who is leaving Fullerton after 17 years.