For the second year running Lu International has won awards from the coveted Asia Asset Management. In 2019 the company was awarded the Best Application of Fintech (ASEAN) and in 2020 they were awarded Best Fintech Innovation in Asset Management (ASEAN). In both years, LU Global was recognised for their intuitive app interface, state-of-the art technology, customer centricity, security and reliability.
Lu International, a leading mobile wealth management platform has once again won an award by Asia Asset Management. The highly coveted award recognised our app, LU Global for its best-in-class fintech innovations including uniqueness, customer centricity, state-of-the-art technology and security and reliability.
The rapidly growing app stands out from others as it offers easy access to various wealth management products that were previously only made available to private banking and institutional clients. Our app responds to the growing demand for flexible and convenient investment liquidity options as it offers investors a way to diversify their portfolios with smaller ticket sizes and shorter tenor durations. We achieve this with highly renowned investment products, including private debt and private equity products, that typically require large investments amounts and long lock-up periods.
Our goal is to provide investors with a self-directed investment tool that can be done anytime, anywhere, and with minimal fees. All LU Global’s fixed term products have zero subscription fees and our flexible term products have a flat fixed fee of USD $25.
In 2020, we were also recognised for our new MarketPlace feature. To offer our investors even greater flexibility and investment liquidity, we were recognised by the Monetary Authority of Singapore as a Recognised Market Operator (RMO) in February 2019 and shortly afterwards launched the secondary marketplace on our app. The LU Global MarketPlace serves as an extension of our main trading platform and allows our customers to sell their existing products in liquidity-driven situations, or purchase products that are no longer available on the app.
LU Global’s commitment to state-of-the-art-technology, security and reliability was also recognised. As one of the few financial institutes that have a fully online account opening and KYC process, we are constantly enhancing and applying the best available technologies. This means our customers invest in a safe, reliable and convenient fashion, 24×7.
CEO at LU Global, Mr Kit Wong said, “We are honoured to once again be awarded by Asia Asset Management. This award is a testament to the hard work by all members of the LU Global team, and we are thankful for the ongoing support of our rapidly growing user base. We look forward to continuing to make investment flexible and convenient and providing opportunities for superior returns.”
About Asia Asset Management
Asia Asset Management commenced publication in December 1995 and was the first trade journal in the Asia-Pacific region to cater to the needs of asset managers, pension funds and institutional investors. For the past 25 years it has been dedicated to providing comprehensive news coverage and in-depth analysis of the Asian asset management industry.
Best of the Best Awards is an annual awards programme that gives recognition to financial institutions and pension funds for outstanding achievements over the past calendar year. Best of the Best Awards is broken down into three divisions: a) performance, b) country, c) regional awards and d) ASEAN awards, to acknowledge each and every area where excellence has occurred.
The full list of winners is available at www.asiaasset.com