Hong Kong-based digital brokerage firm Futu Securities International have collaborated with US asset manager BNY Investments to roll out two exchange-traded fund portfolio strategies for Hong Kong retail investors.
The global tech satellite strategy invests in growth sectors primarily within the technology space. The multi asset dividend satellite strategy aims to achieve income generation over the long term.
The strategies tap into BNY Investments’ broad range of proprietary and third-party solutions. They will provide Futu’s clients with access to liquid options investing in diversified portfolios, BNY Investments and Futu Securities say in a joint statement on March 20, when the two strategies were launched.
New York-based BNY Investments has around US$2 trillion of assets under management. Futu Securities primarily provides digital stock trading, investment and wealth management services.
