Krungsri teams up with Invesco to enhance advisory and wealth services

Krungsri aims to build "a multi-asset discretionary portfolio management platform."

Krungsri (Bank of Ayudhya PCL) has announced a strategic partnership with asset management firm Invesco for its investment advisory and wealth management services.

Krungsri said that it aims to leverage Invesco’s expertise to build a multi-asset discretionary portfolio management platform.

Invesco and Krungsri are now preferred partners, and will work together to enhance Krungsri’s advisory services, according to a joint press release.

They will also work to align allocation strategies for product launches in the Thailand market.

Krungsri Wealth clients will have quick access to investment information, expert advice, and new opportunities through investment advisors, personal relationship managers, and digital tools.

Investment portfolios can also be tailored to clients’ goals, life stages, and market conditions. They will also receive advice and investment options across asset classes, Krungsri said.