Steffanie Yuen, Head of Hong Kong at Endowus, shared tips for female professionals looking to invest. She believes that they should take charge of their personal finances early and grow their savings through long-term investments. She also reiterates the importance of taking an evidence-based approach to investing instead of chasing speculative returns.
On the growth of WealthTechs in Singapore: Our CEO Gregory Van shares three key factors to Endowus’ success - having a fee-only business model, leveraging technology to deliver this at scale, and improving clients’ experience of investing online. In addition, So Sin Ting, Endowus’ Chief Client Officer also noted that WealthTech firms have enabled lower cost, easier and simpler access to wealth management services and products that were traditionally available only to HNW individuals.
Benjamin Kheng, local multi-hyphenate artist, shared his experience investing with Endowus and has since learned that he should make his money work harder for him. He highlights the importance of starting early, diversifying his assets and setting aside rainy-day reserves to continue pursuing his artistic passions.
Samuel Rhee, Chairman and CIO of Endowus, discussed the impact of a raised CPF salary ceiling on Singaporeans’ retirement income. Despite a lower take-home pay, Sam believes that this allows greater compounding of CPF savings for a more secure financial future in the long-term. He also encourages people to consider investing for retirement and making CPF funds work harder to combat inflation.
Endowus’ Head of Financial Planning and Editorial, Jamie Lee, discusses the pros and cons of investing with CPFIS. She urges investors to be mindful of potential hidden costs as investing with CPF does not correct the industry problem of trailer fees.
Deepak Sarda, VP of Engineering at Endowus, discussed how parents can continually engage their children with everyday examples to explain financial concepts, such as the difference between saving and investing. This can help encourage financial literacy from young.
Min Axthelm, Director of Investment Research at Endowus, encourages investors to think deeply about ESG investing, but greater demand for ESG-focused products will push companies to bring about meaningful change.
Singapore robo adviser Endowus has added US hedge fund firm Bridgewater Associates to its alternative investment lineup by teaming up with French asset manager Amundi. The move gives Endowus’ clients in Hong Kong and Singapore access to the investment strategies of the Connecticut-based firm founded by Ray Dalio.
The addition of Bridgewater strategies is the latest in over 300 curated funds Endowus has added to its Fund Smart platform, including private markets and alternative strategies from the likes of KKR, Blackrock, UBS and Partners Group, which was announced last June.
Asian digital wealth manager Endowus deepens its partnership with Amundi to offer its customers the investment strategies of Bridgewater Associates, a US-based portfolio manager. The move will expand the wealth manager’s alternatives proposition to accredited investors in Hong Kong and Singapore.
Endowus CEO, Gregory Van, explains how the step often missed by investors is to define why we should own certain asset classes and investment strategies, in line with the investing environment as well as our life needs and goals.
When choosing cash management products, Sean Wong, Head of Investments at Endowus, encourages investors to choose the appropriate investment portfolio according to their goals, expected rate of returns, drawdowns they are willing to bear in the worst case, and the investment period they want to hold.
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