Saxo Capital Markets Launches Digital Investment Solution for Investors in Asia

Saxo Capital Markets Pte Ltd ("Saxo Capital Markets"), the online trading and investment specialist, today announced the launch in Asia of SaxoSelect, a fully digital and automated investment service.

This launch follows the successful implementation of SaxoSelect in Europe in January 2016. SaxoSelect is available for clients with Saxo Capital Markets.

SaxoSelect offers a cost-efficient and simple way to have money managed in a digital online environment. It covers various portfolio types for clients to choose from according to investment goals and risk appetite. Portfolios are built and managed in collaboration with for example BlackRock and Morningstar to ensure clients access to world class investment expertise.

In collaboration with BlackRock, Saxo Bank has established three distinct Balanced Portfolios purpose built to assist with wealth development. Each portfolio differs by risk and capitalises on opportunities across multiple asset classes whilst also providing diversification to mitigate risks specific to individual markets. The portfolios are comprised of iShares Exchange Traded Funds (ETFs) selected by BlackRock and offering exposure to, fixed income, developed and emerging equity and other asset classes.

SaxoSelect also offers access to an equity portfolio managed by Saxo Bank in collaboration with Morningstar Investment Management Europe Ltd®, offering a smart and cost-effective way to invest in a portfolio of 30 quality stocks based on Morningstar’s Economic Moat® Rating methodology and valuation research, which identifies stocks undervalued by the market.

In total five investment portfolios are available in the SaxoSelect environment. SaxoSelect is accessible directly from the platform, providing clients with real time execution and live portfolio information.

Adam Reynolds, CEO Asia Pacific of Saxo Capital Markets, commented,

“The investment industry and wealth management specifically is transforming massively in Asia with the emergence of new technology and new partnerships. At the same time, Asian investors keep seeking opportunities to build portfolios with broad diversification across geographies and asset classes. With SaxoSelect we offer help building such portfolios with some of the strongest global expertise from for example BlackRock and Morningstar in a transparent and cost-efficient way."

“Many financial institutions have tendency to offer clients their very own mutual funds for example. We take a different approach at Saxo. In line with our strategy of being a facilitator in global capital markets, we want to ensure that our clients have access to the best products and the best services from the best global providers.” Adam Reynolds continued,

“The speed of adoption of fintech in Asia is much faster than in other regions globally and Saxo is at the forefront, shaping how people invest in the future. With SaxoSelect, Asian retail investors are able to access a wider range of curated investment portfolios available on the Saxo platform.”

SaxoSelect is offered and issued by Saxo Capital Market Pte Ltd (“Saxo Capital Markets”). Products or services offered by Saxo Capital Markets or its affiliates or related entities are not sponsored, endorsed, sold, guaranteed or promoted by BlackRock (Singapore) Limited (“BSL”) or its affiliates or related entities (collectively, “BlackRock”) and BlackRock is not affiliated with Saxo Capital Markets. BlackRock does not make any representation or warranty, express or implied, to the investors or any member of the public regarding the advisability or suitability of investing in any product or service offered by Saxo Capital Markets, including SaxoSelect. BSL’s role is limited to the provision of model portfolios to Saxo Capital Markets which are non-binding on Saxo Capital Markets (for the avoidance of doubt Saxo has full discretion and responsibility for SaxoSelect and may make investment decisions that are independent of and differ from the model portfolios). BlackRock (i) is not an investment advisor or fiduciary to any client or potential client of Saxo Capital Markets, or investor in SaxoSelect and (ii) is not responsible for determining the suitability or appropriateness of the model portfolios for any clients or potential clients of Saxo Capital Markets, or investor in SaxoSelect and (iii) will not be liable to any client or potential client of Saxo Capital Markets for any losses, damages, costs or expenses associated with the model portfolios provided to Saxo Capital Markets. BlackRock does not place trade orders for Saxo Capital Markets or any product or service offered by Saxo Capital Markets, including SaxoSelect. BlackRock does not guarantee the performance of any of its funds or products. iShares® and BlackRock® are registered trademarks of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. All other trademarks, service marks or registered trademarks are the property of their respective owners.