In 2015, the rate of fintech adoption in Singapore was reported to be below the global average. By the first half of 2017 however, Singapore has outpaced Switzerland, Hong Kong, New York, Silicon Valley and London to emerge as the leading fintech hub globally. Read more “Singapore Fintech Journey 2017”
Startups are hard work
Startups have been under the spot light a lot of late. There is an almost unrealistic expectation in Singapore that startups will drive innovation, solve real world problems, create new jobs, basically kick-ass while playing ping-pong in between pitches and the next craft beer tasting social networking event. Read more “Singapore to become the model eco-system?”
In the first issue of the Penny Jar Series, we noted that the cost of investing in a fund is a key indicator of fund performance, and that new fund inflows are increasingly going into the lowest cost funds. Yet, the ETF universe in 2016 was very much about ‘smart-beta’. Last year, the majority of new ETFs launched were smart-beta products, and inflows into smart-beta ETFs grew by 50% over 2015 figures.
Read more “PJ Issue 2 – Smart-beta: Friend or Foe?”
If you like me, make a daily pilgrimage to Lau Pat Sat for lunch, you may have seen this mystical object that entitles you to discounts. That’s right, entitles – because getting one is somewhat obscure, there are no signs or instructions, yet every other person in your queue whips one out when paying. It is akin to a badge of honor of a secret society of corporate warriors with aunty-level-skills to get the best deal at lunch.
The ETF boom is happening and in a big way. The first two months of 2017 saw record global inflows into ETFs to the sum of US$130bn (ETFGI.com) – this is at least double to several times higher than inflows over the same period in the five years preceding. As a comparison, net inflows in 2016 amounted to US$390bn, which was a good year for ETFs but 2017 is shaping up to be even bigger. Read more “Record fund inflows into ETF in 2017”
Over the past 10 years, the proportion of funds invested globally in passive strategies such as Exchange Traded Funds (ETFs) has been steadily increasing. The shift from active to passive strategies most pronounced in equity. In the US, the proportion of passive stock market investments has doubled from just under 20 per cent in 2006 to just over 40 per cent in 2016.
Home ownership has always been of particular importance in Asian cultures where buying a house is synonymous to starting a family. This relationship is perhaps clearest in Singapore where a direct link between the two is formulated in policy – subsidised public housing is predominantly only available to married couples. Asians’ fondness for property extends beyond just buying a house to have a roof over one’s head to a preference to invest in property for rental income.
Read more “Asian millennials’ RRR – Rocky Road to Retirement”