2013
The business starts in Hong Kong
UCAP Hong Kong Asset Management Ltd acquires a Swiss wealth manager and applies for regulatory clearance to start business in Hong Kong.
From a group of dynamic private bankers starting their own business in 2014, to a renewed company mission in 2025, one thing has not changed since day 1: our drive to give clients the best the market offers their wealth, for the right reasons, at the fair cost.
Leaving the comfort of working in a private bank was not a difficult decision: being able to offer our clients a wide range of solutions that best-matched their needs were our motivation, and establishing an independent wealth manager was what we needed to do.
We founded Ethivo to bring clients a new and better form of wealth management. Where their interests are always put first and the services provided are for their long-term wealth well-being, not a short term fix
Sambit Mangaraj, Founder and CEO
UCAP Hong Kong Asset Management Ltd acquires a Swiss wealth manager and applies for regulatory clearance to start business in Hong Kong.
A core team enables rapid business scale-up across the region. As the team expands so Assets under Management reach an all-time high.
Despite the dramatic global events of 2021-2023, the business consolidates without needing any further capital infusion since inception, testament to a prudent and sustainable business model
We complete a management buyout of UCAP’s Hong Kong operations and receive regulator clearance to start trading as Ethivo Asset Management (HK) Limited.
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