07/19/2023
The covenant, which came into effect on 1 July 2022, requires trustees to develop a retirement income strategy to improve long-term outcomes for their members in or approaching retirement.
07/18/2023
Investors have so far been underwhelmed by the level of stimulus provided by Chinese authorities, despite the extension last week of 2022 measures to support the struggling property sector.
07/17/2023
According to Fok, there are two major factors to consider before Bank of Singapore turns positive on Chinese stocks: geopolitical stability and sufficient stimulus.
07/17/2023
The firm's new whole of life policy incorporates S&P 500 exposure, downside protection and the option to stagger death benefit payments and incorporate philanthropic giving.
07/13/2023
Temasek swung to a net loss of S$7 billion (US$5.23 billion) for the year ended March 31 from a S$11 billion net profit a year ago.
07/11/2023
The sales were widely seen as the main reason the average selling price of new apartments in the Tokyo area doubled year on year in March.
07/11/2023
The phenomenon brought the focus back on how human activity is causing a rapid deterioration in global climate.
07/07/2023
Single family offices in Singapore now employ 1,400 local staff, with around 900 of those jobs created in the last three years, outgoing MAS chair Tharman Shanmugaratnam said.
07/06/2023
Prices of goods and services in Singapore are predicted to rise at a slower pace than previously expected, said Monetary Authority of Singapore chief Ravi Menon
07/05/2023
At this point, Japan looks likely to register a second consecutive year of above-target inflation, in line with our earlier expectations.
07/05/2023
"This looks a wait-and-see meeting and a gauge of impact from previous tightening."
07/04/2023
A family office is a private wealth management firm catering to high-net-worth and ultra-high-net-worth individuals, aka the world’s uber-wealthy.
07/04/2023
Gupta is in many ways the Jamie Dimon of Singapore, the highest-profile banker leading the country’s largest lender and surrounded by succession speculation.
07/03/2023
Rory opened with a brief introduction to Henley & Partners and noted that the firm had been publishing its Henley Passport Index for the past 17 years, with Japan, Singapore, and South Korea currently at or very near the top.
07/03/2023
Consolidation continues for customer-owned banks
06/30/2023
In addition, with Chinese stocks facing renewed pressure recently, some investors may be reluctant to invest in EM assets—especially equities because they are cautious on the outlook for China.
06/27/2023
The number in Mainland China will increase by over 50 per cent to around 132,000 in 2027 from about 88,000 in 2022.
06/27/2023
Investments linked to China have recently underwhelmed due to geopolitical uncertainty and a softening in economic activity.
06/26/2023
In terms of strategies, 77 per cent express interest in promoting private equity.
06/26/2023
The main challenge is defining what is true “value” in the services sector especially in wealth management, and subsequently attribute the right cost to pay for it.