SPACs: When retail investors ride with private equity
WITH a SPAC, the retail investor now has the opportunity to tap into a universe previously inhabited only by private equity. So naturally, the investing public is excited and wants in on what they see is a hot ticket to outsized returns. And why shouldn't the average investor have access to opportunities that have vastly benefited a privileged few? But as the window opens, so too the risks get much larger.
As the lines between private and public markets blur, we look at the rise of Special Purpose Acquisition Vehicles and other sophisticated new instruments and spell out the risks, in Brunch this Saturday in The Business Times Weekend.
Over the past eight years with executive chairman Yeoh Oon Jin at the helm, PwC Singapore has become "quite a different firm". He tells us the main challenges the company - and the business - have faced, and what lies ahead, in The Raffles Conversation.
Much has been made of the energy transition, as corporates and countries approach decarbonisation. Our Investing With Impact column identifies the top four sector opportunities for investors, as the world moves towards net zero.
Also in the Wealth section, a private equity adviser explains why, contrary to popular belief, PE returns are highly correlated to public markets and PE firms do go out of business.
The Audi RSQ8 is a German cousin to the Lamborghini Urus, only it's five seconds faster around the fearsome Nurburgring Nordschleife circuit. This super sport utility vehicle is unnecessarily fast, but that lies at the heart of its appeal, says The Steering Column.
A NEWSLETTER FOR YOU
Lifestyle
Our picks of the latest dining, travel and leisure options to treat yourself.
To subscribe, visit bt.sg/subscribe
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Lifestyle
Former Zouk morphs into mod-Asian Jiak Kim House, serving laksa pasta and mushroom bak kut teh
Massimo Bottura lends star power to pizza and pasta at Torno Subito
Victor Liong pairs Aussie and Asian food with mixed results at Artyzen’s Quenino restaurant
If Jay Chou likes Ju Xing’s zi char, you might too
Mod-Sin cooking izakaya style at Focal
What the fish? Diving for flavour at Fysh – Aussie chef Josh Niland’s Singapore debut