Asia Tech Wire (Oct 29) -- Bank of Singapore, a unit of Oversea-Chinese Banking Corporation (OCBC), on Tuesday announced the launch of FIM Alternatives Select, a digital platform for alternative investments, with financial technology company iCapital.
The platform will offer nearly 30 funds from managers such as KKR, Carlyle Group and Apollo Global Management during its launch phase.
Private banks typically launch about two to six alternative funds a year, while Bank of Singapore is the first private bank in Asia to deliver such large-scale fund offerings to financial intermediaries.