Paragon Capital Management, a Singapore-based multi-asset manager, and Wise Asset Management, a Thailand-based licensed asset manager, said they had signed a memorandum of understanding to explore cross-border investment product cooperation in the two markets.

Potential cooperation includes client introductions, selected investment products, and joint investor initiatives. Any activities remain subject to due diligence, definitive agreements, regulatory requirements, and approvals in each jurisdiction.

The announcement did not say whether the firms would use the ASEAN Collective Investment Scheme framework, which allows qualifying funds authorized in one participating jurisdiction to be offered in another, subject to conditions and local approvals.

Thailand requires filings with its Securities and Exchange Commission and compliance with local disclosure and operational rules for such offerings.

In Singapore, eligible investors may include people who qualify and opt in as accredited investors, a category that can access a broader range of investment products than retail investors.

🔗 Source: Paragon Capital Management