News

The Covid-19 outbreak has been characterised as a pandemic. Five family offices managing over 120 rich families tell us how they are coping as infections outside China continue to rise.By Annabelle Liang 1 of 6 Volatile markets, travel restrictions and a slowdown in deals – these are challenges that family offices face today.  Five outfits, representing at least…

Wealth managers react to the sell-offs in Asia and Wall Street, that saw the S&P 500 and Dow Jones Industrial Average clocking their biggest one-day percentage losses in two years. By Annabelle Liang Wealth managers responded to this week’s sell-offs in Asia and Wall Street with the adage: stay invested.  In fact, Youssry Henien, chairman of the…

12 fund buyers share their focus areas for the rest of the year, and their thoughts on quantitative strategies.By Audrey Raj, Annabelle Liang 1 of 12 Teo Wei Zhen, Credit Suisse Alternative fund solutions specialist, private banking, Asia Pacific The first of 2020 has been a particularly disruptive market, yet we have seen most hedge fund strategies on our…

As inflation continues to be remain stubbornly high, we spoke to three family offices to hear how they’re positioning to counter the threat.By Jill Wong Asian family offices are hedging against soaring inflation by adjusting their portfolio allocations to increase exposure to dividend stocks, high yield bonds, real estate and alternative investments.  US inflation jumped…

Youssry Henien and Rohit Ganguli discuss the implications of Singapore’s proposed wealth tax.By Jill Wong Talk of a wealth tax has been brewing in Singapore. If it materialises, a wealth tax may have profound implications for the city-state’s private banking industry.  Finance Minister Lawrence Wong said a wealth tax of any form in Singapore should be consistent with…

Old money vs new wealth: Four WMs’ client-centric formulasBy Jill Wong 1 of 5 It is fair to say that all private banks and family offices with an eminent history were founded on old money. For these older-generation clients, preserving and growing their inheritances, succession and trust issues are key to the wealth management agenda.  Any…

Mortgage-backed securities are heavily associated with the 2008 financial crisis. This is keeping most money managers away, but some single family offices say they are allocating to the product.By Annabelle Liang Mortgage-backed securities (MBS) still carry a big, bad reputation for fronting the biggest financial crisis since the Great Depression.  The time between 2008 and…