Articles

11th October CIO Letter

11th October CIO Letter

Dear Client, FROM CEO/CIO: WHERE CAN I FIND ALPHA? Where I went to university, my essay grades were given in letters of the Greek alphabet: alpha (α), beta (β) and gamma (γ) and combinations of them – including esoteric ones like beta-alpha-minus-question mark-minus...

All You Need To Know About SRS

All You Need To Know About SRS

If you are planning for your retirement and haven’t heard about the Supplementary Retirement Scheme (SRS), you might be losing out! What is Supplementary Retirement Scheme (SRS)? SRS is a voluntary scheme to encourage individuals to save for retirement, over and above...

11th September CIO Letter

11th September CIO Letter

Dear Client, From CEO/CIO’s Desk: Spoiler Alert! This year, there have been quite a number of grand finale episodes to blockbuster movies and TV series, as well as a few major football matches. Nothing beats the experience of watching Avengers: Endgame, the last...

How Should Investors Respond To Trade Wars?

How Should Investors Respond To Trade Wars?

Many years ago, a foreigner made a joke about our army in front of me. He said our army is like boy scouts, only good for marching during National Day Parade because unlike other armies, we have never experience going into wars. Of course, being still an NSman, I was...

Is Passive Investing a Bubble?

Is Passive Investing a Bubble?

A few days ago, Michael Burry, a fund manager whose massively successful bet against the US subprime housing market was dramatised in the film, “The Big Short”, said that passive investing was a “bubble” that had caused investors to neglect small caps and value...

Understanding Your Investment Returns

Understanding Your Investment Returns

If you have started your investment journey and are wondering how investment returns should be calculated, we have put together some materials that hopefully will help you understand returns better. Let’s start off with some basics. Simple Investment Return Adam...

26th August CIO Letter

26th August CIO Letter

Dear Client, From CEO/CIO’s Desk: Steady Does It Markets have gyrated violently in the intervening weeks between my last letter to you on 6 August and now. There have been two broad set of factors, both pertaining to concerns over economic growth. First, the bond...

Can We Retire in Singapore?

Can We Retire in Singapore?

A common question posed to me at conferences and panel discussions is: “Can we retire in Singapore?” It seems that many Singaporeans are worried that they can’t.  Sometimes, foreign institutions and so-called experts add to the anxiety by mistakenly measuring...