Thriving on optimism

AS a graduate fresh off a Colombo Plan scholarship, finance industry veteran Seck Wai-Kwong, then in his 20s, was off to a promising start. In his second posting to the Monetary Authority of Singapore - after a brief stint at the Administrative Services - he was tapped to build Singapore's first...

Some insurers cut bonuses on par policies despite strong 2019 return

DESPITE strong returns among life insurers' participating funds in 2019, three insurers have opted to cut bonuses or dividends for some policyholders.

MIND THE GAP

Insurance par policy primer: What smoothing and cross subsidy mean for you

MOST policyholders of traditional participating life plans can breathe a sigh of relief that they will not suffer any bonus cut this year.

Real estate fund outperforms with absolute return mandate

A LITTLE-KNOWN fund investing in listed real estate securities has been quietly outperforming the relevant global real estate index, despite a relatively short track record.

BlackRock takes firm action on companies' sustainability disclosures

BLACKROCK, the world's largest asset manager, has taken a firm stance in its pivot towards sustainability.

Asia-Pacific 2019 wealth growth trails US, Europe: Capgemini

THE wealth and number of high net worth individuals (HNWI) in the Asia Pacific grew at a slower pace than the US and Europe for the first time since 2012, the latest World Wealth Report 2020 by Capgemini has found.

SPOTLIGHT

It starts from the top

HOW sustainable is your portfolio? That isn't typical dinner conversation, but make no mistake: Sustainability is seen as a megatrend among wealth managers.

Sustainability in the spotlight

SUSTAINABILITY is well on its way to becoming a top priority among governments, industry groups, companies and investors. In Asia-Pacific, adoption of the discipline of sustainable investing is reportedly mixed; Japan, Australia, and large institutions lead the way. But wealth managers and...

AT THE HELM

Taking the leap of faith

ENTREPRENEUR and tech investor Robert Yap could have been satisfied with his success as a corporate insider. With a fortuitous combination of IT smarts, financial acumen and a genial personality, he rose through the ranks into the C-suite in companies such as PSA International and the DFS Group...

BUSINESS FAMILY INSIGHTS

Planting the seeds of ‘Smart Farming’

THAT Ankesh Shahra chose the field of agri-business to carve an entrepreneurial path for himself is perhaps not surprising. Mr Shahra is the third generation member of the family that founded Indian conglomerate Ruchi Group, which itself has its roots in agribusiness. But he has traversed well...

TRUSTED ADVISER

Channelling capital towards sustainable investments

SUSTAINABILITY has emerged as one of the most powerful trends in the investment world as investors wake up to the pressing need to address environmental ills, and social and governance issues. Lapses on those dimensions pose potentially costly and long-tail risks for investors.

Covid-19 to dampen global insurance market in 2020, but Asia to pick up steam more quickly: Allianz

THE impact of Covid-19 on the global insurance market is expected to be three times worse than the impact of the global financial crisis of 2008, according to Allianz in its latest global insurance report.

Looking over the valley in equities: Capital Group

QUESTIONS over the sustainability of the recent equities rally - particularly in the technology sector - are inherently a short term concern, says Andy Budden, Capital Group investment director.

Singapore wealthy tap insurance for wealth and legacy planning: study

INSURANCE as an instrument for wealth and legacy planning is far more widely used among Singapore high net worth individuals than in other markets, a joint report by AIA and EY has found.

Singapore retail investors' trust in financial institutions falls

SINGAPORE retail investors' trust in financial institutions eroded significantly over the past two years, a survey by the CFA Institute shows.

MIND THE GAP

How to ease premium payments but still maintain your insurance

COVID-19 is Singapore's - and the world's - most severe health and economic crisis yet. A deep and prolonged recession has likely already begun; total employment according to preliminary estimates plunged in March, the sharpest drop since the 2003 Sars outbreak.

Ardian raises US$19b for private equity secondaries platform

PRIVATE investment firm Ardian has raised US$19 billion worth of commitments from investors globally for its eighth-generation private equity (PE) secondaries platform, which it says is the world's largest.

OCBC survey finds Singaporeans and PRs facing financial stress over Covid-19

FINANCIAL stress since the "circuit breaker" was imposed appears to have caused many Singaporeans to shelve or reduce their retirement savings, a survey by OCBC has found.

Singapore pension system scores mid-ranking in global study of 70 pension plans

SINGAPORE's pension system ranks 30th, middle of the range, in a global study of 70 pension plans by Allianz SE.

MSCI makes ESG ratings available for funds and ETFs

THE desire to invest sustainably is often cited as a megatrend particularly among younger millennial investors. Yet it hasn't been easy to obtain ESG (environment, social and governance) information on funds which are not positioned specifically as sustainable theme funds.

Sustainable strategies outperform in Q1, BlackRock research finds

BLACKROCK has found that sustainable funds and companies delivered stronger risk-adjusted performance in the first quarter, when markets were roiled by Covid-19-related upheaval.

MIND THE GAP

ESG investments show resilience in crisis

SUSTAINABILITY is becoming an increasingly desirable characteristic whether you invest in funds or in direct securities such as stocks and bonds.

Outlook for long-term capital market returns optimistic

LONG-term investors may take heart: Amid the bleak economic outlook and an uncertain asset market backdrop due to Covid-19, JP Morgan Asset Management has published an optimistic assessment for long-term capital market returns.

Raffles Family Office eyes Asia expansion

UNFAZED by the market upheaval, Raffles Family Office (RFO), a multi-family office and independent asset manager (IAM), has set its sights on further regional expansion this year.

Financial planning via MoneyOwl: a compass for your retirement

ACOMPREHENSIVE personal financial plan is akin to a sturdy compass for your future financial health. But most people may not have a financial adviser.