StashAway has launched two new semi-liquid private market portfolios in Singapore and Hong Kong, giving accredited investors access to private infrastructure and private equity investments managed by Hamilton Lane.

The portfolios offer higher liquidity than traditional private market funds, with monthly redemption options after an initial lock-up period.

Minimum investment requirements and fees are lower than what is typically charged by private banks, according to StashAway.

These new offerings add to its existing private market products, including private credit and angel investing.

StashAway, a digital investment platform based in Singapore, operates in Singapore, Malaysia, Hong Kong, the UAE, and Thailand.

🔗 Source: StashAway

🧠 Food for thought

1️⃣ Semi-liquid funds are democratizing access to previously exclusive private markets

The shift toward semi-liquid private market funds represents a fundamental restructuring of how investors access high-growth opportunities.

Traditional private market funds required 10 to 15-year lock-ups, but StashAway’s new portfolios offer monthly liquidity after a short initial period1. This structural change matters because 87% of companies generating more than $100 million in revenue are now privately held, with private markets projected to triple in size over the next decade1.

The timing reflects broader market demand, as alternative asset management is projected to grow to $29.2 trillion by 2029—a 74% increase from 2016 levels2.

This democratization includes lower investment minimums, making institutional-class private market investments accessible to a broader range of high-net-worth individuals who previously faced significant barriers to entry.

2️⃣ Technology platforms are driving fee compression in wealth management through operational efficiency

StashAway’s pricing structure illustrates how digital platforms are reshaping wealth management economics by charging significantly lower fees than traditional providers.

While private banks often charge up to 3.5% in total management fees, StashAway clients pay only a 0.5% platform fee plus the underlying fund-level fee1. This fee compression is forcing traditional wealth managers to focus on differentiation through personalized service rather than relying on commoditized investment products3.

The competitive pressure is particularly evident in Asia, where independent wealth management firms are partnering with digital platforms to enhance service offerings while reducing costs3.

Recent StashAway developments