Wealth (April 2020)


Pandemic intensifies quest for yield

THE QUEST for income has been intense since the 2008 global financial crisis when interest rates dropped to historical lows, and the subsequent chase for income assets drastically reduced yields.

JUST as this publication goes to print, the onslaught of Covid-19 seems relentless. Over the past month, markets endured a wild ride as investors struggled to come to grips with the fallout from the pandemic.


SUSTAINABLE investing is an approach whose time has come. But even as the number of funds with a sustainable bent rises, whether through an explicit theme like clean energy or the use of ESG (environment, social and governance) scores, investors will still need to discern whether a green label on a fund is only skin deep or signals a firm commitment to make a difference.


OPHTHALMOLOGIST Julian Theng seems to have it all: a flourishing private practice called Eagle Eye Centre, comprising a chain of seven clinics, and a close knit family with three kids whom he describes as ''amazing'' and loving.


What we have witnessed in the treasury, credit and ETF markets of late highlights the market's illiquidity and vulnerability.


WHEN Chin Wei Jia stepped into the Health Management International (HMI) Group, a healthcare management business established by her family, she did so with some trepidation. It was 2002, and armed with a bachelor's degree in economics and a master's degree in international relations, she began as a management trainee doing mundane tasks like taking minutes at meetings and photocopying documents.


OVER the past weeks as the global spread of Covid-19 intensified, the prognosis for the global economy has dimmed sharply.


THE unravelling coronavirus disease 2019 (Covid-19) situation has caused significant financial distress in East Asia, and has made its presence felt in the European and American markets.