Singapore's protection gap still wide, says AIA chief

SINGAPORE may be a mature insurance market, but it continues to have a large protection gap, says AIA group chief executive and president Ng Keng Hooi.

Rising rates a top concern among Asian financial advisers: survey

THE shift to a rising rate environment may prove to be a difficult transition for investors after a decade of low interest rates, a survey of financial advisers (FAs) by Natixis Investment Managers has found.

BigTech entry into wealth management could draw up to US$12t: Capgemini

AS MUCH as US$12 trillion in wealth could move to "BigTech" firms like Amazon, Google and Tencent, should they decide to offer wealth management services...

Capgemini sizes up 'Big Tech' threat to wealth management

AS much as US$12 trillion in wealth could move to "Big Tech" firms the likes of Amazon, Google and Alibaba, should they decide to offer wealth management services...
MIND THE GAP

Tech funds dangle high returns, but watch the risk

TECHNOLOGY as an investment theme is seeing a resurgence. In particular, interest has soared in the past two years in all things digital. For instance, FANG stocks - Facebook, Amazon, Netflix and Google, (through holding company Alphabet) - are in the ascent. They outperformed the S&P 500 last...
NEWS ANALYSIS

Astrea IV PE-backed bonds: Looking after retail investors' interests

PRIVATE equity, which invests in private companies, is typically classed as a high-risk investment - for good reasons. It is illiquid, requires a high minimum investment, and the risk of picking a poor-performing manager is high.

Astrea IV private equity bonds launched with retail tranche of S$121m

THE Azalea Group, a Temasek unit specialising in investments in private equity, has launched its first PE-backed bond for retail investors, with a smaller-than-expected retail tranche of S$121 million.   

Astrea IV private equity bonds' retail tranche interest rate set at 4.35% pa

THE Azalea Group, a Temasek unit specialising in investments in private equity, has launched its first PE-backed bond for retail investors, with a smaller-than-expected retail tranche of S$121 million. 
AT THE HELM

Niche appeal

Frasers Hospitality CEO Choe Peng Sum took the idea of a serviced apartment and made it a hit with expats

Painting a mixed picture

With a few factors such as the recent spike in 10-year SGS yields in play, analysts have different views on Reits' outlook...
TRUSTED ADVISER

When advice makes all the difference

Pictet's Dominique Jooris says tailoring portfolios to one's preference, risk tolerance makes the job unique...

Global philanthropic bodies have US$1.5t assets

PHILANTHROPIC foundations globally are estimated to hold assets of close to US$1.5 trillion, but half have no paid staff and budgets are relatively modest at an average US$1 million, a study has found.

Temasek unit to issue PE-backed bonds targeting retail investors

THE Azalea Group, a Temasek subsidiary, is launching a private equity bond with a tranche targeted at retail investors, a structure which is believed to be a first in the world.

Six slapped with prohibition orders for 'mis-selling'

THE Monetary Authority of Singapore (MAS) has issued prohibition orders (PO) against six individuals - five insurance advisers and one relationship manager - for mis-selling of insurance and investment products.
BT EXCLUSIVE

Bumper year for insurance bonuses after bumper year for equities

STRONG equities performance in 2017 is delivering a kicker in bonuses this year for policyholders of traditional with-profits insurance plans.
MIND THE GAP

Endowment plans: watch the caveats

INSURANCE policies are a mainstay of Singaporeans' savings and protection plans. For those who count on traditional with-profits policies for savings, the plans generally outperform a number of low-risk alternatives, such as deposit rates...

AIA offers medical case management service

A DIAGNOSIS of a serious medical condition is bound to cause dismay.

Mark Mobius to set up new fund with ESG theme

BARELY four months after announcing his retirement from Franklin Templeton, veteran fund manager Mark Mobius is setting up an equities fund to invest in emerging and frontier markets - with a distinct ESG (environment, social, governance) theme.

Family offices moving from conservative to higher-risk profile

FAMILY offices are shifting towards higher-risk less liquid assets, in contrast to their traditional profile of more conservative assets, said UBS head of global family office group Sara Ferrari.

Family offices take on higher risk profile

FAMILY offices are shifting towards higher risk less liquid assets, in contrast to their traditional profile of more conservative assets, said Sara Ferrari, UBS global wealth management head of global family office group.

Insuring the insurers

THE benefits of reinsurance - protection purchased by insurance companies - are likely to touch almost everyone, including industries, businesses, governments, and consumers.

Sustainable investments set to gain more traction at UBS

SUSTAINABLE investments are shaping up as the next big thing for UBS clients. It is a class of assets which has gained traction in recent years.

Temasek unit to open private equity door for retail investors

TEMASEK subsidiary Azalea Investment Management is working to open up access to private equity (PE) investments for retail investors.

Even millionaires have cost worries if they live to a 100

CLOSE to half of Singapore's millionaires expect to live to 100, and this is driving significant changes to their spending, investing and legacy behaviour, a study by UBS has found...

S'pore's wealthy expect to live to 100, but worry if wealth will last

CLOSE to half of Singapore's millionaires expect to live to 100, and this is driving significant changes to their spending, investing and legacy behaviour, a study by UBS has found...