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.
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It has eight bankers, and five in the investment team on the multi-family office arm. CEO Shilpi Chowdhary plans to get into ZĆĀ¼rich, Geneva or London in the next five years.
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"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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