Asset Management
What's New In Investments, Funds? – DBS, Columbia Threadneedle

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. “The 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.