HONG KONG, Jan. 23, 2026 /PRNewswire/ -- Annum Capital, a leading financial services group in Hong Kong, today announced a strategic partnership with Turoid, a next-generation technology provider, to bring AI to multi-family offices and asset managers in Asia.
Under this partnership, Turoid is working with Annum Capital to re-imagine the operating architecture across EAM, fund management, private equity, private credit, hedge funds, index investing, structured products, and strategy consulting, blending AI into governance, advisory, revenue capture, operations, market analytics and risk management.
In Phase 1 of the partnership, Turoid has delivered a suite of functionalities ("Wealth Pilot") for Annum Capital:
- AI-empowered client onboarding and trade cycle, with enhanced due diligence, analytics, and risk management
- AI-assisted asset allocation and portfolio diagnostics, embedding market conditions, compliance requirements, and client-specific constraints dynamically
- AI-driven private market due diligence, synthesizing information from a wide range of sources, strengthening transparency and insights to support vetting, corroboration, and decision-making
- Performance management across front-middle-back offices with anticipatory AI to increase efficiencies in capacity management, resource deployment, and cost controls.
In Phase 2, Turoid will work with Annum Capital to:
- Build a price discovery platform for structured products, to internalize the relationships with global issuers and enhance economics
- Build a custom-indexing engine that connects with leading issuers of AMCs as a cost-light option to scale up Annum's in-house investment strategies
- Automate the setup and administration of Hong Kong Limited Partnership Fund, to help accelerate the adoption of Hong Kong's local private fund format by family offices and investment managers in Asia
- Establish a marketplace for secondary transactions among Asia institutional investors and family offices, replacing the opacity and cost of a highly brokered, conversation-based model with an AI-driven discovery, matching, and execution approach.
"Annum Capital is very excited to see the results of Phase 1 implementation, which upgraded our operating platform and injected AI into the deliberations and decisions of our investment teams and relationship managers. Our family office clients and fund investors highly appreciate how AI inspires, informs, assists and validates our ideas, portfolios, reporting and risk judgements." said Aaron Sung, Head of Asset Management, Annum Capital.
"Turoid is a very special technology provider, not defined by budgets, timeline, testing and signoffs. Turoid harnesses AI to learn about clients' processes and build solutions that almost melt into our business right away, enlightening and improving processes without a fuss. It's been a real pleasure working with the incredible team of Turoid." added Alvis Sze, CTO, Annum Capital.
"AI is already a transformative agent for global financial services - and even more so for Hong Kong," said Nick Wong, CEO of Turoid. "Hong Kong is one of the world's leading wealth management centers, serving capital and clients across Asia and beyond. We believe it should also produce homegrown fintech leaders that serve international players at global standards. Turoid is building that platform: helping Annum Capital and other forward-thinking firms focus on clients and value creation, while giving independent players the process rigor and technology versatility typically found at much larger institutions. We're privileged to partner with Annum Capital on this journey."
Annum Capital and Turoid plan to roll out "Wealth Pilot" and related services to more Asia family offices and institutional investors in 2026 and 2027, connecting innovations of the AI world with Asia's smartest money.
About Annum Capital
Annum Capital is a Hong Kong-based financial services group with market leadership in external asset management (EAM), fund management, index investing, fiduciary services, and corporate advisory. Annum Capital is 100% owned by its employees and permanently aligned with clients.
Annum Capital was voted "Best Alternative Investment Manager in Greater China 2025" and "Best EAM in Hong Kong 2025" by WealthBriefingAsia and "Best Provider of Family Office Services 2024" by Hong Kong Limited Partnership Fund Association.
www.annum.com.hk
About Turoid
Turoid is a Hong Kong–based fintech and AI technology company focused on bringing cutting-edge AI into wealth management. Turoid works with family offices and asset managers to apply advanced AI to the real problems behind capital stewardship — improving decision-making, strengthening risk discipline, and enabling teams to manage capital with greater clarity and speed. Turoid's mission is simple: take the latest AI capabilities and turn them into practical advantage for clients operating in fast-moving global markets.
https://www.turoid.ai/
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Annum Capital and Turoid - Unlocking AI for Asia Family Offices
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SINGAPORE, April 3, 2026 /PRNewswire/ -- The Sustainable Tourism Impact Fund, a partnership between Agoda, World Wide Fund for Nature (WWF) Singapore, and the UnTours Foundation, has announced its second round of investments alongside early impact results from the Fund's inaugural cohort.
Designed to provide affordable, flexible financing to small and medium-sized tourism enterprises, the Fund supports businesses that integrate environmental restoration, climate resilience, and inclusive economic development into their core operations. Indonesia-based Livingseas Asia and Bambike Ecotours in the Philippines are the beneficiaries of the new investments. Each new investee receives USD 25,000 in loan capital to expand impact-driven initiatives across the region.
In Indonesia, Livingseas Asia combines dive tourism with coral reef restoration in Padangbai, Bali. Its nonprofit arm, the Livingseas Foundation, has restored more than 7,300 square meters of degraded reef, deploying artificial reef structures and planting over 320,000 coral fragments, with measurable biodiversity recovery. The Fund's investment will support the construction of modular housing for staff and trainees near the restoration site. This will expand Livingseas Asia's hosting capacity and strengthen the Foundation's ability to deliver marine education, conservation training, and reef restoration activities.
Bambike Ecotours in the Philippines connects bamboo agroforestry, fair trade bicycle manufacturing in rural communities, and regenerative tourism experiences. The loan will support the development of Ligtasin Cove in Batangas, a bamboo-built tourism destination that will include coastal ecotours and a bamboo nursery for reforestation and erosion control. The initiative aims to create local jobs while expanding lower-carbon tourism experiences that connect travelers with community-led environmental restoration.
"At Agoda, we believe the future of travel depends on the resilience of the destinations we serve," said Timothy Hughes, Vice President of Corporate Development at Agoda. "These investments support local pioneers integrating environmental restoration and community well-being into their operations, demonstrating the potential of impact-driven travel."
Six months after the Fund's initial investments, early results across Thailand, Indonesia, and the Philippines demonstrate encouraging environmental and community impact.
Across Southeast Asia, three organizations advanced community-led tourism in meaningful ways. In Thailand, Local Alike expanded its Travel With Care initiative to 10 destinations, launching 16 regenerative tourism activities and securing partnerships with national parks and tourism authorities to develop a white paper on regenerative tourism. In the Philippines, Ecohotels grew its Bahay Farms initiative by onboarding 22 farmers, planting 500 mango trees, increasing plant-based menu offerings from 35% to 50%, and launching its Green Warriors workforce program, with 5 of 15 trainees already placed in hospitality roles. In Indonesia, Sejiva introduced heritage walking tours and coral restoration experiences across West Java and Jakarta, while scaling its #travelpositive campaign to reach broader audiences.
"We are incredibly encouraged by the impact created so far by our inaugural cohort," said Sarah Payne, Senior Director of Impact at the UnTours Foundation. "These businesses are expanding regenerative tourism models, strengthening local livelihoods, and embedding measurable environmental outcomes into their growth. Their progress shows how flexible financing can translate into tangible impact on the ground."
The Fund is part of Agoda's broader sustainability strategy and builds on its partnership with WWF-Singapore through Agoda's Eco Deals program. Through Eco Deals, Agoda works with hotel partners across Asia to offer travelers discounted stays while directing a portion of proceeds to WWF's conservation initiatives. Those funds also support the Sustainable Tourism Impact Fund, extending conservation impact to small tourism enterprises, strengthening ecosystem health and community resilience at the destination level.
Tourism enterprises across the region advancing conservation, climate resilience, sustainable mobility, and community-led economic development are encouraged to apply for the next round of funding at: https://untoursfoundation.org/sustainable-tourism-impact-fund.
SINGAPORE, April 3, 2026 /PRNewswire/ -- The Sustainable Tourism Impact Fund, a partnership between Agoda, World Wide Fund for Nature (WWF) Singapore, and the UnTours Foundation, has announced its second round of investments alongside early impact results from the Fund's inaugural cohort.
Designed to provide affordable, flexible financing to small and medium-sized tourism enterprises, the Fund supports businesses that integrate environmental restoration, climate resilience, and inclusive economic development into their core operations. Indonesia-based Livingseas Asia and Bambike Ecotours in the Philippines are the beneficiaries of the new investments. Each new investee receives USD 25,000 in loan capital to expand impact-driven initiatives across the region.
In Indonesia, Livingseas Asia combines dive tourism with coral reef restoration in Padangbai, Bali. Its nonprofit arm, the Livingseas Foundation, has restored more than 7,300 square meters of degraded reef, deploying artificial reef structures and planting over 320,000 coral fragments, with measurable biodiversity recovery. The Fund's investment will support the construction of modular housing for staff and trainees near the restoration site. This will expand Livingseas Asia's hosting capacity and strengthen the Foundation's ability to deliver marine education, conservation training, and reef restoration activities.
Bambike Ecotours in the Philippines connects bamboo agroforestry, fair trade bicycle manufacturing in rural communities, and regenerative tourism experiences. The loan will support the development of Ligtasin Cove in Batangas, a bamboo-built tourism destination that will include coastal ecotours and a bamboo nursery for reforestation and erosion control. The initiative aims to create local jobs while expanding lower-carbon tourism experiences that connect travelers with community-led environmental restoration.
"At Agoda, we believe the future of travel depends on the resilience of the destinations we serve," said Timothy Hughes, Vice President of Corporate Development at Agoda. "These investments support local pioneers integrating environmental restoration and community well-being into their operations, demonstrating the potential of impact-driven travel."
Six months after the Fund's initial investments, early results across Thailand, Indonesia, and the Philippines demonstrate encouraging environmental and community impact.
Across Southeast Asia, three organizations advanced community-led tourism in meaningful ways. In Thailand, Local Alike expanded its Travel With Care initiative to 10 destinations, launching 16 regenerative tourism activities and securing partnerships with national parks and tourism authorities to develop a white paper on regenerative tourism. In the Philippines, Ecohotels grew its Bahay Farms initiative by onboarding 22 farmers, planting 500 mango trees, increasing plant-based menu offerings from 35% to 50%, and launching its Green Warriors workforce program, with 5 of 15 trainees already placed in hospitality roles. In Indonesia, Sejiva introduced heritage walking tours and coral restoration experiences across West Java and Jakarta, while scaling its #travelpositive campaign to reach broader audiences.
"We are incredibly encouraged by the impact created so far by our inaugural cohort," said Sarah Payne, Senior Director of Impact at the UnTours Foundation. "These businesses are expanding regenerative tourism models, strengthening local livelihoods, and embedding measurable environmental outcomes into their growth. Their progress shows how flexible financing can translate into tangible impact on the ground."
The Fund is part of Agoda's broader sustainability strategy and builds on its partnership with WWF-Singapore through Agoda's Eco Deals program. Through Eco Deals, Agoda works with hotel partners across Asia to offer travelers discounted stays while directing a portion of proceeds to WWF's conservation initiatives. Those funds also support the Sustainable Tourism Impact Fund, extending conservation impact to small tourism enterprises, strengthening ecosystem health and community resilience at the destination level.
Tourism enterprises across the region advancing conservation, climate resilience, sustainable mobility, and community-led economic development are encouraged to apply for the next round of funding at: https://untoursfoundation.org/sustainable-tourism-impact-fund.
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Sustainable Tourism Impact Fund Expands Investments Across Southeast Asia
Sustainable Tourism Impact Fund Expands Investments Across Southeast Asia
Sustainable Tourism Impact Fund Expands Investments Across Southeast Asia
