AQUMON selected into Cyberport's Incubation Programme, 2019 returns up 11-21%

2019-03-05 08:00 2710

HONG KONG, March 5, 2019 /PRNewswire/ -- AQUMON, a Hong-Kong based robo-advisory fintech platform originally incubated by the Hong Kong University of Science and Technology, has announced it has recently accepted entry into the Cyberport Incubation Programme. Co-founder Kelvin Lei states, "This is a further recognition that there is truly a demand for robo advisors in Hong Kong's and Asia's financial landscape and we are excited about the new opportunities this partnership with Cyberport will bring."

AQUMON aims to use its algorithm, data and machine learning approach along with their intelligent digital wealth management platform to bring professional wealth management services to every individual regardless of age or net worth. Its major investors include the Alibaba Hong Kong Entrepreneurs Fund ("AEF"), and Bohai XingWang, L.P., the PE arm managed by Bank of China International ("BOCI").

Up to 1st, March, AQUMON reports that its algorithm-driven investment strategies utilizing machine learning techniques to select individual stocks -- A.I. HK Alpha (HK equities) and A.I. China Alpha (A-shares) are up 10.76% and 20.94% respectively. Co-founder Dr. Don Huang responded, "Both investment strategies continue to shine after outperforming their benchmarks by 17-23% in 2018."

Individual investors using AQUMON's robo-advisory services also saw promising returns in 2019. SmartGlobal Max, an automated global asset allocation strategy investing into US-based exchange-traded funds (ETFs) was up 3.83% to 10.02% for their most conservative to most aggressive risk profiles as of March, 1st.

AQUMON is developed by Magnum Research Limited, an SFC-licensed company holding Type 1(dealing in securities) and Type 4 (advising on securities) licenses.

Risk disclosure: Investment in securities involves risk. Past results do not predict future performance. There is no guarantee as to the performance of AQUMON made by Magnum Research Limited. This material is for informational purpose only and should not be relied on.

Source: Magnum Research Limited