Endowus, a Singapore and Hong Kong-based wealth management platform, has collaborated with private equity firm Harbourvest Partners to provide investors with evergreen private equity funds. With 40 years of experience in the industry, partnering with Harbourvest allows Endowus’ clients access to private equity strategies and the Boston-based firm’s annual deployment in secondary markets.

Endowus has partnered with globally renowned investment firm Harbourvest Partners, allowing clients access to an evergreen private equity strategy in Singapore and Hong Kong. This partnership grants investors an alternative solution to traditional closed-end funds with lower-entry minimums. Gregory Van, CEO of Endowus, talked about how immediate and diversified private equity exposure provides investors more flexibility than closed-end funds.

Endowus’ Samuel Rhee sat down with Ignites Asia for a personal chat reflecting on his life and what the future could hold. He expounded on his personal goals of proliferating the conflict-free, fee-only wealth management movement in the Asia Pacific region with Endowus. In the future, his role might shift to focus more on mentoring and raising leaders. He also shared some trends in the wealth management industry, including the need for more options and availability of investments in the pension systems across Asia.

Chief Client Officer at Endowus So Sin Ting was interviewed on her investing experience, priorities and personal values. Her investing process is simple and designed to be uncomplicated, allowing her to spend more time with her family. She invests her CPF Ordinary Account and Supplementary Retirement Scheme account alongside cash management, fixed income and long-term buckets so as to diversify her portfolio for the future.

(From 7:14) On a CNA Money Mind broadcast, Endowus co-founder and CIO talks about stock volatility and how one should remember to diversify. He speaks on buying a basket of stocks from good companies and investing in an index fund like NASDEX to ensure positive future performance.

Samuel Rhee, Chairman and CIO of Endowus discussed the differences between market volatility and risk. Risk entails knowing our limit for personal loss and maximum drawdowns, whereas volatility is an observable market phenomenon independent of individual preference. Investors should choose the right investment products which align with their risk tolerance and minimise fees to improve outcomes.

Hugh Chung, Chief Investment Advisory Officer at Endowus, discussed the risks of investing in safe-haven assets, such as gold and oil, during times of uncertainty. Depending on the time these assets were purchased, the returns (and losses) of such assets can vary by a large margin. Investors should practise dollar cost-averaging to help them stay disciplined and on track towards their wealth goals.

Hugh Chung, Endowus’ Chief Investment Advisory Officer, pointed out that alleged or proven insider trading in the past has had limited impact on the overall appetite and investor confidence in hedge funds. According to the Endowus Private Wealth Insights Report 2024, 60% of HNW investors in Hong Kong are planning to increase allocations to private market strategies and hedge funds.

Hugh Chung, Chief Investment Advisory Officer at Endowus, discussed investors’ growing interest in private markets as it provides diversification alongside public market exposure. Endowus partners with leading global fund managers to provide easy, low-cost access to high-quality private market strategies and more evergreen fund structures to investors.

(From 1:09:10) Steffanie Yuen, Endowus Head of Hong Kong was on Bloomberg TV to discuss the inaugural Endowus Private Wealth Insights report. Hong Kong HNW respondents concerned about portfolio diversification are looking to private market strategies and hedge funds as a starting point. Investors can consider evergreen funds as a flexible alternative to traditional closed-end funds to address worries about lock-up periods and illiquidity.

The 2024 Endowus Private Wealth Insights report revealed that HNW respondents in Singapore and Hong Kong are dissatisfied with existing portfolio returns, and want to allocate more to private markets and financial alternatives for capital growth. Digital investment platforms are also the preferred way to invest in private market strategies and hedge funds, surpassing online services of private banks or priority banking, and relationship managers.

Endowus’ inaugural Private Wealth Insights report revealed that nearly 90% of Hong Kong respondents plan to increase their alternative-asset allocations in pursuit of greater diversification. Gregory Van, CEO of Endowus highlights that these investors are concerned with lock-up periods and restricted access as the study has shown, thus “evergreen structures” are becoming popular among private market investors.