Jun Yi Foo

As per MPF Ratings’ MPF Asset Class Fund Flow Summary,  Q3 2024 saw MPF attract estimated net inflows of $11.51bn, 11.1% lower than MPF’s 5 year quarterly average of $12.95bn and 3.8% lower than its 5 year Q3 average of $11.96bn. Net inflow estimate year-to-date is $37.16bn, 5.8% lower than MPF’s 5 year historical year-to-date average of $39.45bn. Find out more here: https://lnkd.in/gUyW4drA #mpfratings #MPFScorecard #MPFHealthCheck #MPFFastMover #MPFRConsistentPerformers #MarketInsights #MPFMarketShare #MPFFundFlows #MPFNetReturns #MPFIndustry #pensionschemes #assetmanagement #investmentmanagement #mpf #investment #empf

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Asia’s economic outlook has improved in 2024, with growth projections revised upwards to 4.5% in 20241 and inflation slowly moderating. While positive, material risks remain as the investors continue to navigate the ongoing turbulence of geopolitical uncertainty, supply chain disruptions, property market defaults and slowing demand for critical commodities. 

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ASIC’s 30 June 2024 focus areas continue to center on financial reporting elements that require most judgement and make the most use of estimates. Read the full KPMG report by Kim Heng and Julie Locke on #KPMGTaxNow.

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HKEX Collaborates with Hang Seng Indexes Company to Launch Hang Seng HKEX Stock Connect China Enterprises Index Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Friday) it is collaborating with leading index compiler Hang Seng Indexes Company Limited (HSIL) to jointly launch an index tracking the largest Chinese companies in the vibrant Stock Connect universe, supporting the development of Hong Kong’s capital market product ecosystem. The Hang Seng HKEX Stock Connect China Enterprises Index (SCCEA Index) will be the first co-branded index between HKEX and HSIL when it launches on 21 November 2024. Constituents of the index include the 80 largest Chinese companies by market capitalisation listed on the Hong Kong, Shanghai and Shenzhen stock exchanges that are traded on Stock Connect. With a balanced sector representation, this cross-market index will offer global investors a comprehensive and authoritative benchmark to capture the investment opportunities in China. ... #capitalmarket #StockConnect #HKEX #HengSengIndex

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How do the most successful families preserve and grow generational wealth? Robb Report Singapore’s inaugural Wealth Special explores this vital issue, offering insights and best practices for individuals and families. Read the full article here: https://on.citi/4ey5vQJ

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Everyone begins their financial journey in their own way, driven by unique motivations and experiences. Last Monday, we attended the SGX Ring the Bell for Financial Literacy event and had the chance to engage with fellow financial influencers and industry partners. Hearing what inspired them to take control of their financial futures was truly insightful. Thanks for the invite, SGX Group! Together, we can empower more individuals with the knowledge they need to secure a better financial future! #worldinvestorweek #DollarsAndSense #FinancialLiteracy #Singapore #Investing #PersonalFinance Monetary Authority of Singapore (MAS) The Association of Banks in Singapore Institute For Financial Literacy, Singapore

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What projects do KBTG people do? Well, let season two tell you more about it ✨ To mark the first episode of the season, we follow P’Mic, our Vice Chairman, on his business trip overseas. Where could it be? Come with us to find out. #KBTG #BeyondBanking #OneKBTG

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A GIC (Guaranteed Investment Certificate) is often seen as an extremely safe, low-risk investment option. While this is true in some respects, it’s not the full picture. On one hand, you won’t lose money with a GIC; you lock in your rate and can calculate your returns based on that rate for the duration of the term. However, GICs come with risks related to liquidity, their ability to keep pace with inflation, and they are among the least tax-efficient investments available. When holding non-registered funds in a GIC, not only are you likely to underperform compared to equities in the long term, but you will also pay more in taxes on a dollar-for-dollar basis. I understand that risk tolerance, time horizon and capacity are important factors, and GICs are typically favored when risk is a major concern. However, if you also value liquidity, returns, and tax efficiency, it may be time to consider diversifying your portfolio beyond just GICs

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Independent asset managers (IAMs) are emerging as the biggest disruptors to the private banking industry, according to Bank of Singapore, Asia's Global Private Bank's Leong Guan Lim, who is aiming to significantly grow the lender’s financial intermediaries, family office, and wealth advisory (FFWA) business by 2026. Read the full article: https://hubs.la/Q02MjMGT0

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Buying house insurance (Inihua mo ngā whare)? Check out our quick guide of things to consider. 🏠 Identify Your Coverage Needs: Know what assets you need to insure before purchasing a policy. 🏠 Do Your Research: Compare policies and premiums to find the best coverage. 🏠 Choose Value Over Price: The cheapest policy isn’t always the best; focus on coverage quality. 🏠 Review Annually: Regularly update your insurance to match changing circumstances. 🏠Understand Your Rights: Be honest with your insurer and know your rights if issues arise. https://lnkd.in/gwhhB7B7 #GradualDamage #FinLit #FinEd #ICNZ #insurance #NZ

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MPF Ratings continues to assess the performance of the MPF Funds, highlighting the best performers and providing valuable insights for MPF members! According to the latest data, the 2024 Gold Rated scheme - AIA MPF has multiple funds that have excelled across various investment horizons, securing top positions in their respective categories: ．NO. 1 in 3 Year, 5 Year & 10 Year Return: Equity Fund (Asia) category - AIA Asian Equity Fund ．NO. 1 in Year-to-Date, 1 Year, 3 Year & 5 Year Return: Equity Fund (Global) Index Tracking sub-category - AIA World Fund ．NO. 1 in 5 Year Return: Equity Fund (HK & China) category - AIA Greater China Equity Fund ．NO. 1 in 3 Year Return: Equity Fund (US) category - AIA North American Equity Fund ．NO. 1 in 10 Year Return: Mixed Asset Fund (81-100% Equity) category - AIA Growth Portfolio ．NO. 1 in Year-to-Date & 1 Year Return: ESG Fund category - AIA Green Fund Stay tuned for more insights on MPF fund performance! Note: The data presented is based on MPF Ratings statistics as of August 31, 2024 #mpfratings #MPFScorecard #MPFHealthCheck #MPFFastMover #MPFRConsistentPerformers #MarketInsights #MPFMarketShare #MPFFundFlows #MPFNetReturns #MPFIndustry #pensionschemes #assetmanagement #investmentmanagement #mpf #investment #empf

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💲 Need a flexible business loan? Tze Yuen Media’s experience proves it’s possible. Learn how they achieved early repayment with no penalties. ⤵ Learn more about Quik business loans at poss.sg/quik today 🌟

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