back Back

StashAway launches Flexible Portfolios for customers in MENA

By Leandra Monteiro

July 12, 2022

  • ETF
  • Financial Planning
  • Flexible Portfolios
Share

StashAway StashAway, a wealth management platform, has launched Flexible Portfolios. It is the first product in MENA that offers investors the choice to customise their portfolios with ease.

Flexible Portfolios allows investors to pick the asset classes they want, decide their exact allocations, and change them any time. This new offering adds to StashAway’s drive for innovation in the industry to provide an intelligent, convenient and less expensive alternative to traditional wealth management providers.

Joseph El Am, Deputy General Manager, StashAway MENA said, “We really value feedback from our investors, and many were keen to create or customise their own portfolios according to their risk appetites. We’re excited that our clients are becoming more and more savvy as they invest with us, and so we’re pleased to enable them to have a say while we still deliver on two of our core values: investment intelligence and risk management.”

Flexible Portfolios have two features that make these customised investments different from brokerages: One, investors are able to easily customise their portfolios by picking their desired asset classes. StashAway curates the best exchange-traded funds (ETFs) for more than 35 asset classes such as Emerging Markets, REITs, Gold, Energy, Government Bonds, and more. The underlying funds feature ETFs from some of the world’s top fund managers, including iShares, SPDR, VanEck, Vanguard, ARK, and GlobalX, giving investors access to some of the most popular funds. This means clients don’t have to spend time doing research on which ETF is best.

The second distinguishing feature is risk management. Managing risk has always been one of StashAway’s core pillars. StashAway calculates the portfolio’s potential downside to ensure that investors know how much risk they’re taking on as they customise a portfolio. StashAway will even let investors know when their portfolio’s risk level changes.

In addition, as part of the launch, StashAway is offering an entire year of free investing for Flexible Portfolios by waiving the management fee on any fresh funds until 30 June 2023.

Previous Article

July 12, 2022

CASHe appoints former MD & CEO of Bank of Baroda as Non-executive Director

Read More
Next Article

July 12, 2022

wefox announced the closing of a $400m Series D funding round

Read More






IBSi Daily News Analysis

Data privacy

June 19, 2024

ETF

EMEA faces $85bn annual financial crime compliance costs, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Aspen Digital gets approval for financial services operations in the Middle East

Read More

Today

5 Spend Management Platforms to optimize your business finances

Read More

Today

Veefin obtains strategic stake in Regime Tax Solutions through its subsidiary

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023