SCB WEALTH Partners with BlackRock to Enhance Global Investment Opportunities for Thai Investors
Strategic collaboration aims to provide exclusive world-class investment products and in-depth research to SCB's wealth clients, leveraging BlackRock's global expertise and network
A key business unit of a major bank has partnered with the world's largest asset management company to enhance the wealth of Thai investors and expand opportunities for global investments.
The partnership emphasizes a customer-centric approach, focusing on developing investment products that meet clients' needs.
Under this collaboration, the bank's wealth clients will gain access to exclusive world-class investment products, in-depth research, and strategic market insights through the asset management company's extensive global network.
The bank spent about a year finalizing the collaboration to ensure the partnership genuinely enhances the wealth of Thais.
Three core areas of development are being focused on: investment products, research and risk management, and human capabilities.
A working team has been established to evaluate and curate exclusive investment products for the bank's wealth clients.
The bank also prioritizes the development of its Relationship Managers through a specialized training program designed in collaboration with the asset management company.
The ultimate goal is to become the number one wealth management institution in Thailand by 2026, with a focus on expanding opportunities for Thai individuals with wealth potential who are interested in investing.
Digital and AI innovation will also play a key role in expanding the wealth business and meeting customer needs.
The partnership will provide advisory support in developing products that are globally diversified and better meet the needs of Thai investors.
Research-driven strategies will be used to help clients achieve reasonable returns while ensuring sustained growth of their portfolios over the long term.