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Annum Capital and Turoid - Unlocking AI for Asia Family Offices

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Annum Capital and Turoid - Unlocking AI for Asia Family Offices
Business

Business

Annum Capital and Turoid - Unlocking AI for Asia Family Offices

2026-01-23 09:00 Last Updated At:09:15

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

Annum Capital and Turoid - Unlocking AI for Asia Family Offices

SINGAPORE, Jan. 23, 2026 /PRNewswire/ -- The Huawei Cloud Global Sales Partner Policy Launch took place on January 22 in Singapore, under the theme "Shared Intelligence, Shared Success." Charles Yang, Senior Vice President of Huawei and President of Huawei Cloud Global Marketing and Sales Service, unveiled Huawei Cloud's global sales partner policies for 2026. These policies emphasize fostering greater trust, enhancing profitability, simplifying cooperation, and promoting growth for partners. The goal is to cultivate a healthy, thriving, and self-sustaining partner ecosystem.

Partner Policies: More Trust, More Profitability, More Simplicity, More Growth

Charles Yang highlighted that the intelligent era presents immense opportunities and challenges for Huawei Cloud and its partners. Huawei Cloud is dedicated to systemic innovation, delivering unparalleled AI computing via the industry's most powerful CloudMatrix supernode. Beyond pioneering Pangu models for key industry scenarios, Huawei Cloud's MaaS platform supports a vast range of models and applications. Combined with comprehensive data governance and end-to-end security, these initiatives foster a thriving ecosystem, driving rapid partner growth. He further elaborated on Huawei Cloud's partner policies for 2026.

Huawei Cloud fortifies partner trust by clearly defining business boundaries and market strategies, ensuring no competition for profits. These policies will remain unchanged for the next three years.

To boost partner profitability, Huawei Cloud introduces five policy enhancements, offering competitive discounts and incentives, strengthening project collaborations to win more projects, and leveraging its brand to attract new customers and broaden market presence for partners.

To streamline partnerships, Huawei Cloud adheres to specific collaboration guidelines and combats corruption. The Partner Center will be upgraded to a seamless one-stop workbench, enhancing efficiency and ease of cooperation.

For partner growth, Huawei Cloud delivers comprehensive support, including tiered enablement and practical incentives.

"Cloud and AI are a 30-year marathon that has only just begun," Yang said. He added: "The partners you choose are just as crucial as your destination. A true partnership is not about short-term benefits, but about a companion for the long haul. Huawei Cloud is committed to standing alongside partners for a mutually sustainable and beneficial future."

Fostering a Healthy, Thriving, and Self-Sustaining Partner Ecosystem

Li Shi, President of Huawei Cloud Computing Global Sales, looked back over the past year, showing how Huawei Cloud and partners have progressed in tandem. In 2025, Huawei Cloud's partner business grew more than 50%. The number of partners has continued to expand and partner collaborations have continued to deepen. To date, Huawei Cloud already has more than 40 global distributors and 50 core/premier cloud solution providers as partners outside China. The ecosystem has over 4,000 global partners, and hundreds of thousands of paying customers.

As a partner ecosystem committed to continuing to enhance trust, profitability, simplicity, and growth, Huawei Cloud has redefined its customer account classification and clarified the responsibilities of Huawei and its partners. Huawei Cloud maintains the stability of this ecosystem and support for partner success through a three-pronged approach of incentives, benefits, and regulations. Huawei Cloud is demonstrating this support for rewarding partners by fully upgrading its partner incentive framework this year.

The upgrade consists of four pillars of support that Huawei Cloud will provide partners to foster their holistic growth. These four pillars are namely: amplifying partner voices on Huawei Cloud's global media matrix, helping partners improve their brand image using over 50 global benchmarks for key communication, upgrading partner benefits such as a bigger Market Development Fund and full support of their promotions, and finally inviting partners to participate in Huawei Cloud's own global marketing activities.

Huawei Cloud will bolster partner enablement with a tailored system, from strategic insights to sales practices, designed for various roles. For CXO-level leaders, Huawei Cloud will facilitate executive exchanges on industry trends, digital transformation, and AI strategy to align visions. Core teams will benefit from courses on business operations, industry insights, and growth strategies. BDs, SAs, and CSMs will receive hands-on training, including sales drills and technical workshops, to enhance their expertise.

Dale Chen, Director of Huawei Cloud Asia Pacific Sales Partner Development, explained how Huawei Cloud is the fastest-growing mainstream public cloud provider in the region and a choice partner for enterprise digital transformation. Over the past five years, Huawei Cloud's compound annual growth rate in the Asia Pacific region has exceeded 40%, with more than half of this revenue coming from partners. In APAC, Huawei Cloud has over 50 financial, 200 government and enterprise, and 500 Internet and cloud native customers. Local teams serve more than 10 countries. In APAC, the focus for Huawei Cloud and partners is on migrating core financial systems to the cloud, helping carriers achieve AI transformation and XtoB transformation, and leveraging AI-powered operational efficiency and public services for government and Internet customers. The AI Token Service is currently active in Hong Kong, with multiple open-source models available for use out of the box. In line with its Platform + Ecosystem strategy, Huawei works with partners in Asia Pacific to create new value for industries.

At the conference, partners from Thailand (Vonosis), Singapore (Wormwood), Argentina (Movistar), and Türkiye (Logosoft) shared testimonials of exploring global markets and growing together.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Huawei Cloud Unveils Global Sales Partner Policies for 2026 Targeting Shared Success in the Age of AI

Huawei Cloud Unveils Global Sales Partner Policies for 2026 Targeting Shared Success in the Age of AI

Huawei Cloud Unveils Global Sales Partner Policies for 2026 Targeting Shared Success in the Age of AI

Huawei Cloud Unveils Global Sales Partner Policies for 2026 Targeting Shared Success in the Age of AI

Huawei Cloud Unveils Global Sales Partner Policies for 2026 Targeting Shared Success in the Age of AI

Huawei Cloud Unveils Global Sales Partner Policies for 2026 Targeting Shared Success in the Age of AI

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