Endowus Chairman and CIO Samuel Rhee was live on CNBC to share more about Endowus’ official launch in Hong Kong. Endowus is a fee-only wealth platform which introduces exclusive institutional-grade funds to retail investors in Hong Kong. He explains why the distribution of financial products in Asia is broken, with individual investors underserved by the lack of advice and high commissions embedded into the costs of investing.
Hong Kong’s first fee-only, non-commission-based digital wealth management platform has announced the launch of its wealth services in the country. Endowus is the first to eliminate trailer fees and offers investors products at low, fairer cost to improve investment returns. Institutional and clean-share class funds are now available to all Hong Kong investors via Endowus Fund Smart and Endowus Private Wealth services.
Hong Kong investors with investable assets as low as HKD10,000 can now start building single and multi-fund portfolios via the Endowus platform, which offers over 140 funds across different asset classes from over 40 of the largest global fund managers such as BlackRock or J.P. Morgan Asset Management. The company also offers private wealth services for accredited investors to gain access to alternative strategies such as hedge funds and other private market solutions from the likes of KKR and The Carlyle Group.
Live on Bloomberg TV, Samuel Rhee, Chairman and CIO of Endowus, discusses why he does not expect major surprises in terms of federal policies this year as the fed and markets are mostly in sync. Nevertheless, investors should focus on value and quality over growth stocks, to safeguard against the potential downside from a recession and an earnings downturn.
On Bloomberg radio, Samuel Rhee, Chairman and CIO of Endowus, shared his views on the potential rate hikes by the feds, the recovery of China’s economy, and rising consumer confidence. Although Asia has been minimally impacted by the banking crisis in the US, investors should take the time to reassess their risks and make the necessary adjustments to their investment portfolio.
Exclusively on Endowus: Two of Amundi’s low-cost index funds, with expense ratios as low as 0.10% and 0.05%, are now available for investing under CPFIS. The Amundi Index MSCI World and Amundi Prime USA funds will provide passive and cost-effective exposure to two major equity indices. They are available for investing as standalone funds on Endowus Fund Smart, and will also be included as a core allocation into the Endowus Flagship CPF portfolios.
In this podcast episode, CEO of Endowus, Gregory Van, shared his experience in earning and spending his first paycheck. He advised young individuals to start building habits in saving and investing early to enjoy returns on dollar-cost-averaging. Greg also cautioned against lifestyle creep and suggested segmenting money into different buckets based on various life goals, such as buying a house or building a retirement nest egg.
Amidst the fall-out of Credit Suisse and SVB, how should investors reassess and position their wealth? Endowus CIO, Samuel Rhee, encourages investors to diversify their investments across companies, markets, and sectors (4:22). Having a long-term investment mindset will help you pick up on value investment opportunities which offer better returns over time, especially during times of crises. Investors can also consider investing in money-market funds for greater liquidity management.
Endowus’ Chairman and Chief Investment Officer, Samuel Rhee, explained that passive fund managers who track an index tend to invest more broadly and have a more diversified portfolio than an active fund manager. He also added that a a passive broad market exposure benefits from diversification which cuts investment losses compared to an active portfolio with higher exposure.
The Endowus Retirement Report found that younger Singaporeans are less willing to cut down on non-essential spending than their older counterparts and choose to hustle for side income instead. Jamie Lee, Head of Financial Planning and Editorial at Endowus, shared that while young adults are more digitally savvy, that does not equate to financial savviness. She advised young people to avoid speculating and consider risks before they commit to larger financial spendings.
In this explainer on dividend investing, Samuel Rhee, Chairman and Chief Investment Officer of Endowus shares the areas that investors should evaluate before investing in dividends. He also highlights that a company’s dividend policy provides guidance but does not guarantee profits. Unlike bonds with fixed coupons, dividend-paying companies can reduce or choose not to pay dividends when needed.
In celebration of International Women’s Day, So Sin Ting, Chief Client Officer of Endowus discussed how women can make better investors than men while sharing her personal finance journey as a mother. Sin Ting also shared that while women often feel ill-equipped to invest, it is important for them to take steps to proactively learn more and adopt a goal-based investment strategy to build their nest egg in the long-term.
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