Strategy & Practice Management

New wealth manager sets up in HK

DC Wealth Management (HK) has launched in Hong Kong in recent weeks after receiving asset management and securities licenses from the local regulator.

According to media reports, the firm was co-founded by senior bankers, along with part of Alibaba Group’s founding shareholders and other investors.

DC Wealth Management targets HNW individuals and institutional investors with various services to support their structuring, asset management, insurance and cross-border wealth management needs.