Singapore robo-advisor StashAway has announced the appointment of its first Malaysia-based advisory committee member.
Shahazwan (Juan) Harris, former Executive Director, Investments at Khazanah Nasional Berhad has joined the StashAway advisory committee, the robo-advisor announced in a press release Thursday.
Founded in Singapore in 2016, StashAway is the first robo-advisor to clinch a retail license in the city-state. The appointment of Harris follows the November launch of StashAway’s operations in Malaysia.
Harris, a senior advisor to Bain & Co. and former corporate advisor to Temasek International (Singapore), joins Sim Hwee Hoon, former CEO of Morgan Stanley Singapore; Pranay Gupta, former head of multi-asset strategies at Temasek’s Fullerton Fund Management; Annie Koh, professor of finance at SMU and CPF board member; and Massimo Massa, Rothschild Chaired Professor of Banking and professor of finance at INSEAD.
Amplifying Offerings
StashAway is a data-driven digital wealth management platform that allows users to manage their investments through a mobile app with no minimum balance, no sales charge and management fees of between 0.2% and 0.8%.
In addition to expanding its operations beyond Singapore and developing more investment products and features, StashAway is targeting High Net Worth Individuals, with a dedicated wealth advisor in both Singapore and Malaysia now in place. The company said it would announce more benefits for private clients in the coming months.
