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FINANCIAL SERVICES | Staff Reporter, Singapore

Wing Tai launches new fund management subsidiary

It will invest through core, coreplus/value-add strategies.

Wing Tai Holdings has established a wholly-owned subsidiary that will invest in the Asia Pacific region called WT Fund Management.

According to the company’s announcement, WT Fund Management will invest through core and coreplus/value-add strategies, as well as through other investment options.

Wing Tai chairman and managing director Cheng Wai Keung asserts that the new business set up is due to the opportunities and investments offered by the current market, especially for investors with medium- to long-term horizon and for institutional investors boosting their allocation in real estate.

Cheng further reasons that as many investors seek a credible investment partner that understands Asia, Wing Tai is well positioned to provide financial services with its current insights and networks.

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