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This website is issued by Touchstone Asset Management Pte. Ltd. (UEN 202540913R), incorporated in Singapore and currently applying for a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS).
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Touchstone Asset Management Pte. Ltd. · UEN 202540913R · MAS CMS Licence Application In Progress
Singapore · Independent EAM · MAS CMS Licence In Progress
新加坡 · 独立外部资产管理 · MAS CMS执照申请中
Independent counsel. Institutional access. GARP discipline.
For UHNW and HNW clients across Asia-Pacific.
独立顾问。机构通道。GARP纪律。
服务亚太地区超高净值及高净值客户。
About Touchstone
关于拓石
Touchstone Asset Management is a Singapore-based External Asset Manager (EAM), currently applying for a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS).
拓石资产管理是一家总部位于新加坡的外部资产管理公司(EAM),目前正在向新加坡金融管理局(MAS)申请资本市场服务(CMS)执照。
We are built on a fundamental belief: that clients deserve an advisor whose interests are fully aligned with theirs — not with a product shelf. As an independent EAM, we sit on the client's side of the table, with access to the full breadth of global markets and a network of leading custodian banks.
我们建立在一个核心信念之上:客户应当拥有一位与其利益完全一致的顾问——而非与产品销售挂钩的顾问。作为独立EAM,我们站在客户一侧,同时拥有全球市场的广泛通道和领先托管银行网络。
"The touchstone was the ancient standard for testing the purity of gold. We hold ourselves to the same standard — in our advice, our independence, and our commitment to every client."
「拓石,古代鉴别黄金纯度的标准。我们以同样的标准要求自己——在我们的建议、独立性,以及对每一位客户的承诺上。」
— The Touchstone Philosophy — 拓石理念Our philosophy is rooted in GARP — Growth at a Reasonable Price — combined with a contrarian, fundamentals-first discipline. We do not chase momentum. We seek enduring value across global equity markets, with a deep focus on quality businesses at inflection points.
我们的投资哲学以GARP(合理价格下的成长)为核心,结合逆向思维与基本面优先的原则。我们不追逐动量,而是在全球股票市场中寻求持久价值,深度聚焦于处于转折点的优质企业。
What We Do
我们的服务
Discretionary and advisory portfolio management anchored in global equity research, macro analysis, and rigorous fundamental discipline. Tailored to each client's risk profile and long-term objectives.
以全球股票研究、宏观分析和严格基本面纪律为核心的全权委托及顾问型投资组合管理,按每位客户的风险偏好和长期目标量身定制。
Holistic wealth structuring across asset classes, geographies, and generations. We coordinate with legal and tax advisors to ensure your wealth strategy is coherent, efficient, and durable.
跨资产类别、地域和代际的整体财富架构规划。我们与法律及税务顾问协作,确保您的财富策略连贯、高效且持久。
Coming soon — structured DPM mandates for qualified clients, managed under MAS-licensed authority with full transparency, quarterly reporting, and defined investment policy statements.
即将推出——面向合格客户的结构化全权委托投资组合管理,在MAS执照授权下运作,提供完全透明度、季度报告及明确的投资政策声明。
Why Touchstone
为何选择拓石
No proprietary products. No sales targets. No conflicts. Our advice is shaped solely by your interests and our investment conviction.
无自有产品,无销售指标,无利益冲突。我们的建议完全由您的利益和我们的投资判断决定。
Through our custodian bank network, clients access global equities, bonds, alternatives, and structured products — at institutional terms.
通过我们的托管银行网络,客户可以机构条款获取全球股票、债券、另类投资和结构性产品。
Regulated by MAS in one of Asia's most trusted financial centres. Singapore's legal framework, tax neutrality, and privacy protections are your advantage.
受亚洲最受信任金融中心之一的MAS监管。新加坡的法律框架、税收中立性和隐私保护是您的优势。
Our founding team brings 30+ years across Credit Suisse, JPMorgan, and leading private banks — deep expertise in global equity and wealth advisory.
我们的创始团队在瑞信、摩根大通及领先私人银行积累了逾30年经验,深耕全球股票与财富顾问领域。
Custodian Banking Partners
托管银行合作伙伴
Client assets are held at leading independent custodian banks — not at Touchstone. This structure ensures complete segregation, regulatory oversight, and peace of mind.
客户资产托管于领先的独立托管银行,而非拓石本身。这一架构确保了完全隔离、监管透明和充分的安心保障。
* Banking partnerships subject to finalisation upon MAS CMS licence approval. List is indicative.
* 银行合作关系以MAS CMS执照获批后正式确认为准。以上列表仅供参考。
Our Team
我们的团队
Extensive experience in wealth management and client advisory across the Asia-Pacific region. Brings deep relationships with UHNW clients and a strong network across Greater China and Southeast Asia. Leads client development and relationship management at Touchstone.
在亚太地区财富管理与客户顾问领域拥有丰富经验。与超高净值客户建立了深厚关系,并在大中华区及东南亚拥有广泛人脉网络。负责拓石的客户开拓与关系管理。
30 years in private banking across Credit Suisse, Rabobank Sarasin, and JPMorgan Private Bank. Specialises in global equity advisory and GARP investment philosophy, with deep coverage across technology, consumer, and cross-regional themes in Asia-Pacific, Europe, and the US. Peak stewardship: USD 3 billion AUM and USD 20 million revenue.
在瑞信、荷兰合作银行萨拉辛及摩根大通私人银行拥有30年私人银行经验。专注于全球股票顾问及GARP投资哲学,深度覆盖亚太、欧洲及美国的科技、消费及跨地区主题。巅峰管理规模:30亿美元资产及2000万美元收入。
Professional Profile
专业简介
Co-Founder & Managing Partner · Touchstone Asset Management
联合创始人兼董事合伙人 · 拓石资产管理
Eddy Zhang brings three decades of banking experience across corporate and private banking. His work has spanned financing, capital markets, and wealth advisory for entrepreneurs, ultra-high-net-worth families, and cross-border clients in China, Singapore, and the wider Asia-Pacific region.
张昊拥有三十年银行从业经验,职业经历横跨企业银行与私人银行领域,长期服务于中国、新加坡及亚太区的企业家、超高净值家族及跨境客户,涵盖融资、资本市场及财富顾问服务。
Before moving into private banking, Eddy worked at Deutsche Bank, HSBC, and Societe Generale in corporate banking roles covering commodities trading, corporate financing, and bond issuance. During that period, he also led teams that set sales records for the bank.
在进入私人银行领域之前,Eddy曾先后任职于德意志银行、汇丰银行及法国兴业银行,从事对公业务,涵盖大宗商品交易、企业融资及债券发行,并曾带领团队创下银行销售纪录。
Following his MBA studies at Fudan University in Shanghai, Eddy served as Branch Manager of J.P. Morgan's Chengdu branch in 2016. He received the Best Coverage Banker Award and completed a number of landmark transactions. He also holds an MBA from the National University of Singapore.
在上海复旦大学取得工商管理硕士学位后,Eddy曾于2016年担任摩根大通成都分行行长,获颁Best Coverage Banker Award,并完成多项标志性交易。同时,他亦拥有新加坡国立大学工商管理硕士学位。
Over the course of his private banking career, Eddy held senior roles at HSBC Private Bank Singapore, Julius Baer Private Bank, and J.P. Morgan Private Bank Singapore. At J.P. Morgan Private Bank, he served as an Executive Director responsible for advising ultra-high-net-worth clients and families in China and Singapore on investments, wealth succession, credit, and philanthropy.
在其私人银行职业生涯中,Eddy曾任职于新加坡汇丰私人银行、瑞士宝盛私人银行及摩根大通私人银行,并在摩根大通私人银行担任执行董事,负责为中国及新加坡的超高净值客户与家族提供投资、财富传承、信贷及慈善相关服务。
Professional Profile
专业简介
Co-Founder & Investment Director · Touchstone Asset Management
联合创始人兼投资总监 · 拓石资产管理
"After three decades advising some of Asia's most discerning families and entrepreneurs, I founded Touchstone Capital for one reason: to offer the kind of counsel I always believed clients deserved — frank, independent, and built entirely around their interests."
“在为亚洲一些最具判断力的家族与企业家提供三十年财富顾问服务之后,我创立拓石,只有一个原因:提供我一直认为客户真正应得的建议——坦诚、独立,并完全围绕客户利益而建立。”
My career in private banking began in 1995. Over the next three decades, I worked at the heart of some of the world's most respected private banks — Credit Suisse, J.P. Morgan Private Bank, and Rabo-Sarasin — advising ultra-high net worth individuals, entrepreneurs, and family offices across Singapore, Greater China, and Southeast Asia.
我的私人银行职业生涯始于1995年。在接下来的三十年里,我任职于多家全球备受尊敬的私人银行核心团队,包括瑞信、摩根大通私人银行及Rabo-Sarasin,为新加坡、大中华区及东南亚的超高净值个人、企业家和家族办公室提供顾问服务。
The longer I spent inside large institutions, the more I recognised a fundamental tension: the interests of the bank and the interests of the client are not always the same. Touchstone is my answer to that.
在大型金融机构工作的时间越长,我越清楚地意识到一个根本张力:银行的利益与客户的利益并不总是完全一致。拓石正是我对此的回应。
A client family came to me in 2005 with deep conviction in a handful of companies, Apple chief among them. When the Global Financial Crisis struck in 2008, their portfolio bore the full force of the storm. We did not flinch, and we did not sell. By holding firm through the darkest period — and managing the recovery with discipline — their wealth was fully restored by 2015. That decade-long journey, built on trust and shared conviction, remains one of the most meaningful of my career.
2005年,一个客户家族带着对少数几家公司、尤其是苹果公司的坚定信念来到我这里。2008年全球金融危机爆发时,他们的投资组合承受了巨大的市场冲击。我们没有动摇,也没有卖出。通过在最艰难的时期坚持持有,并以纪律管理复苏过程,他们的财富在2015年得以完全恢复。这段历时十年、建立在信任与共同信念之上的旅程,至今仍是我职业生涯中最有意义的经历之一。
Another client — a prominent regional business figure — took a full year of patient relationship-building before he was ready to begin. His opening question was characteristically bold: could he buy 100 kilograms of gold? When Freeport-McMoRan was trading near distressed levels during the 2015–16 commodity crisis, he saw an opportunity where others saw only risk. So did I. That alignment of instinct, and the courage to act on it together, defines the kind of relationship I treasure most.
另一位客户是一位区域内知名的商业人士。在他准备正式开始之前,我们用了整整一年耐心建立关系。他提出的第一个问题非常具有个人风格,也相当大胆:是否可以买入100公斤黄金?在2015至2016年大宗商品危机期间,自由港麦克莫兰股价处于近乎困境水平时,他看到的是机会,而许多人看到的只是风险。我也有同样的判断。这种直觉上的一致,以及共同采取行动的勇气,正是我最珍视的客户关系。
Global equity research across sectors, companies and themes — generated independently, filtered solely by what is right for your portfolio.
覆盖行业、公司与主题的全球股票研究,保持独立判断,并仅以适合客户投资组合为筛选标准。
Holistic portfolio review, correlation analysis, risk/reward assessment, and disciplined position management across all asset classes.
提供整体投资组合检视、相关性分析、风险回报评估,以及跨资产类别的纪律化仓位管理建议。
Best-in-class solutions across custodian banks — selected on merit, not margin. Your custodian relationship remains yours.
跨托管银行筛选优质方案,以产品本身价值为依据,而非销售利润。客户与托管银行的关系仍由客户自主掌握。
Decades of experience, intellectual honesty, and the willingness to say what others may not — available when it matters most.
数十年的经验、诚实独立的判断,以及在关键时刻愿意说出他人未必愿意说的话。
Investment Thinking
投资洞见
Touchstone's investment team publishes periodic notes on global macro themes, equity ideas, and market observations. Our perspective is independent, contrarian where warranted, and always grounded in fundamentals.
拓石投资团队定期发布全球宏观主题、股票观点及市场评论。我们的视角保持独立,在必要时持逆向立场,并始终以基本面为依据。
Our first investment note will cover the current global macro environment, equity positioning across Asia-Pacific, Europe and the US, and Touchstone's near-term thematic views.
我们的首篇投资笔记将覆盖当前全球宏观环境、亚太、欧洲及美国股票配置,以及拓石近期主题展望。
A forthcoming analysis of the AI infrastructure buildout — where the durable investment opportunities lie beyond the hype cycle, and how to size positions responsibly.
即将发布关于AI基础设施建设的深度分析——在炒作周期之外,持久投资机会究竟在哪里,以及如何合理配置仓位。
Get In Touch
联系我们
We welcome enquiries from UHNW and HNW individuals, family offices, and intermediaries. All communications are treated with the strictest confidentiality.
我们欢迎超高净值及高净值个人、家族办公室及中介机构的咨询。所有通讯均以最严格的保密标准处理。
For a confidential conversation, please contact one of our principals directly. We will respond from our official company email domain.
如需进行保密沟通,请直接联系我们的合伙人。我们将通过公司官方邮箱回复。
Please do not include sensitive account information in your initial message. A member of the team will arrange a suitable channel for further discussion where appropriate.
请勿在首次邮件中包含敏感账户资料。如适合进一步沟通,团队成员将安排合适的沟通渠道。