Retail investors would benefit from more funds, perpetuals being classified as EIPs by MAS
MAS should keep an eye on risks posed by behaviour of investors, intermediaries and issuers
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
SEVERAL years ago, I encountered a problem trying to invest in a small-cap equity fund through a bank. My relationship manager informed me that the fund did not match my stated risk profile - which was that of a conservative investor.
It apparently did not matter that I only wanted to invest a small amount of money in the fund.
It also seemed to be irrelevant that I had no overlapping exposure to the segment of the market in which the fund invested; or that it was run by a fund manager with a good track record whose strategy I understood.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
