Digital wealth manager, Syfe, announced its official launch in Singapore following the approval of the Capital Markets Services Licence from the Monetary Authority of Singapore (MAS) and a successful seed funding round.
Wealth Management at Your Fingertips
Since 2018, Syfe has been building a platform that will appeal to passive investors, challenging the status quo where sophisticated wealth management resources are only available to high-net-worth individuals or institutions. Syfe makes this service accessible for anyone who wants to grow their savings through an automated platform that is both easy to use and affordable — meaning no minimum investment and a low annual fee of 0.65% of the total amount invested.
Unlike other investment solutions, Syfe operates on a risk-based system, moving away from a methodology that solely prioritises returns. The company combines proven investment strategies with an algorithm that is rigorously backtested to give investors customised, globally diversified portfolios that are in sync with their personal risk profiles.
Built by a team of academics, traders and financial engineers, Syfe’s unique investment methodology keeps customer risk managed at all times. This leads to limited portfolio fluctuations or lower temporary losses, while providing benchmark-beating returns.