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Leo Wealth acquires Singapore fund manager

Singapore, fund managerIndependent wealth advisor Leo Wealth is set to expand its presence in Singapore following its acquisition of Jachin Capital. Leo Wealth has offices in Hong Kong and Tokyo, as well as the US, and has now added Singapore to its locations. The move will enable it to target the growing number of high-net-worth individuals in Southeast Asia, with the Singapore office serving as its hub for the region. The acquisition includes Jachin Capital’s digital investment platform iAdvisor, which will now be integrated into Leo Wealth’s existing offering. Jachin Capital’s founder Joyce Woo will be appointed as head of Leo Wealth Singapore and join the firm’s executive team in Asia. The transaction and subsequent rebranding are expected to be completed by the end of the first quarter. © 2023 funds global asia

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