Thailand-based digital wealth management platform Finnomena has teamed up with US-based investment manager Franklin Templeton to enhance investment potential for Thai investors.

The partnership aims to offer investment solutions through Finnomena’s platform, which oversees 40,000 Thai investors with THB16,000m ($530m) in investments as of 31 December 2020.

Additionally, the investors will be given access to investment insights by Franklin Templeton Academy, an education programme that offers a global investment curriculum.

The company recently partnered with Franklin Templeton to offer a global investment plan, leveraging the latter’s technology and asset management expertise.

It also aims to bolster its HNW customer base by developing a joint investment plan with Franklin Templeton for investors starting to invest THB500,000 or more.

This new joint investment plan is expected to release in the second half of the year.

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Finnomena CEO Jesada Sukthit said: “This cooperation is another important step forward for Finnomena and could be called a disrupt the traditional financial service model because Thai investors will receive both information.

“In-depth analysis and analysis from world-class organisations It is also possible to choose a portfolio investment plan designed in collaboration with Franklin Templeton, usually only large investors with an investment of at least $50m have access to this information. And such a global investment strategy.”

Franklin Templeton provides digital technologies that help analyse and develop asset management. The company has a team of 1,300 investment strategy experts in 34 countries.

Franklin Templeton country head Dora Xiao said: “The partnership with Finnomena is one of the starting points for broadening market potential, and Franklin Templeton and Finnomena share the same beliefs and goals of the organisation.

“It is believed that providing accurate investment knowledge and information to investors and design financial innovations to be easy to use These are two important things that need to be done continuously to provide investors with the expected return on target.”

Last month, Franklin Templeton launched a turnkey robo-adviser, in association with digital wealth technology provider Bambu and custody and clearing engine Apex Clearing.

In September 2020, the company said that it will bring Franklin Templeton Multi-Asset Solutions (FTMAS) unit and QS Investors under a single roof to create a new solutions business platform.