CFA SINGAPORE INSIGHTS

Assessing the business of medicine

IN THE first part of this sector analysis published in The Business Times on April 27, we explored topical issues such as demographics, government policies and cost of drugs that can influence the performance of businesses operating in the life sciences and healthcare sector.

CFA Singapore Insights

Understanding the investment fundamentals of life sciences and healthcare

THE Internet has done a superb job in making everyone somewhat of an expert in most fields of life, including healthcare. Most of us have performed a Google diagnosis of our state of health at some point in time. However, the problem with self-assessment is that we rarely have the complete...

CFA SINGAPORE INSIGHTS

'Please, sir, I want some more': Understanding food producers

IT is the essential thing that magnetically pulls us from our desks at mid-day, soothes family disagreements, or keeps us happy while watching a box set at the weekend. We are talking about food. Behind all those sweet and savoury pleasures lies a peculiar and sometimes complex industry - food...

CFA SINGAPORE INSIGHTS

The business of utilities

WHEN electricity was first supplied to homes, it triggered strong emotions. People were delighted and amazed especially when there was light in the night - unbelievable just with a flick of a switch. This sense of bewilderment was also accompanied by an equally strong emotion - utter horror. The...

CFA SINGAPORE INSIGHTS

Are you being served?

IN 107AD, Emperor Trajan had an idea that would not only improve the life of Rome's citizens but eventually transform the way we spend our money today. What the city needed, he decided, was a shopping mall....

CFA SINGAPORE INSIGHTS

Because you're worth it: understanding luxury retail

DOPAMINE. It's the pleasure-inducing brain chemical released when we treat ourselves to something new. And the surge of elation we get when we go to the cash desk and discover there's an additional 30 per cent discount? Well, that's the dopamine kicking in BIG time....

CFA SINGAPORE INSIGHTS

Set sail on an investment journey in marine sector

ANYONE who has walked or cycled along Singapore's East Coast Park will be familiar with the sight of hundreds of commercial ships anchored off the coast. It's one of the few places in the world where the public comes in close contact with the floating cogs that power the global economy...

CFA SINGAPORE INSIGHTS

Best in class: Fundamentals of education-sector investing

CITIUS, Altius, Fortius - Faster, Higher, Stronger may be the Olympic motto, but it also reflects a basic human desire to improve on what has already been achieved. This is precisely the case with education, where parents, be they millionaires or daily wage earners, instinctively want their...

CFA SINGAPORE INSIGHTS

Undercover analysis: assessing insurance companies

INSURANCE is a curious sector. In years gone by, it has been regarded as something of a cash cow, with the likes of Warren Buffett treating the float as a source of money to be invested elsewhere.

CFA SINGAPORE INSIGHTS

Spinning the wheel of fortune

There is an old Chinese saying: "For every ten gamblers, nine will be losers". This may be the case for a down-at-luck gamer staring in shock at the card table, but the casino itself may not be on a winning streak either....

CFA SINGAPORE INSIGHTS

A supply chain of tools - making the right investment moves with logistics service providers

LOGISTICS form the backbone of the today's supply-chain ecosystem, ensuring that people and goods are transported efficiently from one point to another, on time, in good condition and at competitive prices. The sector is also evolving rapidly, as advances in technology respond to...

CFA SINGAPORE INSIGHTS

Investing in an airline company? Here's what to look out for

PERHAPS it's the thrill of voyaging to a far-flung place. Maybe it's the teasing prospect of a seat or, indeed, earnings upgrade. Whatever our reasons, we remain seduced and frustrated by the airline industry....