The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

Asset manager group Columbia Threadneedle Investments is partnering with Singapore-listed DBS, to boost distribution of its technology long-short strategy – led by Paul Wick – to high net worth clients across Asia.

“We are pleased to provide our clients access to a strategy which seeks to not only participate in the technology market’s upside, but also looks to reduce downside risk through a technology long-short offering,” Hou Wey Fook, chief investment officer, DBS Bank, said. â€śThe sea change driven by the formidable development in artificial intelligence for electronics, automotive, automation, energy transition, cloud, and data analytics will further augment the long-term outlook of technology. In addition, against an uncertain global outlook, investors should not overlook the diversification benefits that could be added to one’s portfolio with long-short/hedge fund strategies.” 

“We continue to see strong demand, across both private banks and family office clients, for our Seligman technology long-short strategy. With the positive backdrop for technology equities and the volatility we are seeing in the sector, I believe that this is an optimum time to bring this differentiated offering, led by Paul Wick, to more clients,” Jon Allen, head of Asia-Pacific at Columbia Threadneedle Investments, added.