The Business Times
business-time-50

Software sell-off: Singapore’s private wealth gets more discerning on AI-era technology exposure

Family offices and allocators are pivoting away from generic softwares towards deep data moats and structural resilience

Summarise
google-preferred-sourceAdd BT as a preferred source
Jean Low

Jean Low

Published Thu, Jun 11, 2026 · 07:00 AM
阅读简体中文版 (beta)
    • Sophisticated clients including Singapore family offices are selectively investing into the technology space via the public market and equity funds.
    • Sophisticated clients including Singapore family offices are selectively investing into the technology space via the public market and equity funds. PHOTO: BT FILE

    [SINGAPORE] Driven by the rapid evolution of generative artificial intelligence, Asia family offices and high-net-worth allocators are actively re-evaluating their underlying software exposure in public and private markets.

    This is amid growing concerns that traditional software-as-a-service (SaaS) models are losing their structural moats.

    Market volatility has underscored these anxieties, highlighted by the iShares Software ETF plummeting 30 per cent – a decline recorded over just a few weeks – on fears of AI displacement before staging an uneven 40 per cent rebound, though that has since tapered.

    SoftwareFamily officesInvestment portfoliosPrivate creditTech stocks

    TRENDING NOW

    The freehold corner site in Lorong Liput is near Holland Village MRT station.

    Three Holland Village shophouses sold for S$70 million to Tat Lee Bank’s Goh family unit

    The onset of El Nino is also seen as a tailwind, as average crude palm oil prices have historically surged during the weather event.

    Palm oil stocks set to surge as Indonesia said to be scaling back export overhaul: analysts

    After the divestment of White Sands mall (above), FCT’s retail portfolio will comprise eight suburban properties. 

    Frasers Centrepoint Trust to sell White Sands mall for S$467 million

    Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

    Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More