Tag : thirdrock

The Singapore-based investment firm's co-founder and head of discretionary portfolio management also reveal the top challenges faced by fund selectors.

The Singapore-based investment firm's co-founder and head of discretionary portfolio management discuss their fund selection process.

After last week's stunning election upset in Malaysia, we asked five experts on what the new government's policy priorities are likely to be and whether it will stay foreign-investor-friendly.

Dogged by high costs and low returns, multi-family offices may seek mergers or partnerships. But innovation may also offer a way out of their troubles.

While multi-family offices have much scope to grow, they also face cost pressures and rising expectations from the ultra-wealthy individuals they serve.

Blackstone makes senior appointments; HSBC PB hires investment strategy head; Julius Baer replaces Kaven Leung; Sun Life names HK CEO; Thirdrock adds PM; BSI appoints Asia COO; Citi names prime finance chief; MUFG replaces institutional head; AMP Capital adds in equities; Morningstar shuffles structure; and Chi-X Australia gets new boss.

The Singapore family office’s CIO thinks weak market sentiment will continue for several months and is still largely avoiding alternative credit, emerging markets and commodities.

The Singapore family office is planning a multi-asset discretionary strategy, having hired an equity manager as part of its recent expansion. AsianInvestor heard from CEO Jason Lai.

Melvyn Yeo, chief investment officer at Thirdrock.

A growing desire to build peer networks of like-minded investors is driving family offices in Asia to branch out geographically. And their Western counterparts are doing the same.

Wealthy Asians are increasingly looking to dispose of parts of their businesses via methods such as IPOs, and family offices are responding by building up corporate finance capabilities.

Banks cannot provide as wide a range of services as in the past, say family offices, which are having to broaden their range of counterparties as a result.