Lighthouse Canton CEO talks about the changing IAM landscape
(Citywire Asia) In the past two years, Lighthouse Canton has doubled its AUM, where assets are split 70-30 in favour of advisory, says CEO Shilpi Chowdhary.
Lighthouse Canton started with three people in 2014 and now have 52 people spread between Singapore, Dubai and India.
It has eight bankers, and five in the investment team on the multi-family office arm. CEO Shilpi Chowdhary plans to get into Zürich, Geneva or London in the next five years.
"In the past two years, we doubled our assets under management, where our assets are split 70-30 in favour of advisory.It takes time to build a discretionary track record. When that happens, we anticipate an inflow which may tilt to a 30-70 in favour of discretionary instead," he tells Citywire Asia...
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