Bank of Singapore creates independent global advisory council | FinanceAsia

Bank of Singapore creates independent global advisory council | FinanceAsia

To support the Chief Investment Office’s ( CIO ) research capabilities and to gain client insights, the Bank of Singapore established an independent investment advisory council.

According to a declaration from the bank, eight members of the CIO Global Advisory Council have been chosen based on their track records in finance, public policy, political research, resource allocation, and investment management. &nbsp,

The members are: Belinda Boa, head of Apac engaged investments and key investment officer of emerging markets, BlackRock, Ken Caplan, world co- key investment officer, Blackstone, Fabiana Fedeli, key investment officer, equities, multi- asset and sustainability, M&amp, G Investments, Robin Hu, Asia chair, Milken Institute and advisor senior director, Temasek, Stewart James, co- head, office of government affairs Apac, Goldman Sachs, Yuichi Murao, chief investment officer, Nomura Asset Management, Adam Posen, president, Peterson Institute for International Economics, and Paula Campbell Roberts, chief investment strategist for global wealth, KKR.

Jean Chia, global chief investment officer, Bank of Singapore, said in the statement:” Building intellectual capital is a key part of the bank’s strategy to become the top private bank in Asia. We are investing in research capabilities in today’s knowledge-driven economy, which includes convening this global advisory council in addition to our in-house insights.

The Chief Investment Office has received a direct report from Chief Executive Officer Jason Moo since January 2024. The advisory and discretionary portfolio management teams manage the clients ‘ assets in accordance with their return expectations and risk appetite, while the chief investment office establishes the asset allocation framework, investment views, and securities research.

While the CIO Global Advisory Council will offer insights, the Bank’s house view– which guides investment decisions – is built upon the Chief Investment Office’s in- house research, investment strategy and asset allocation expertise, the statement said. &nbsp,

Asset managers and institutional investors use wealth management and investment management technology, which the Chief Investment Office established earlier this year. One of the first private banks in Asia to adopt the platform for clients of private banking is Bank of Singapore. &nbsp,

The Bank of Singapore is owned by OCBC and has offces in Singapore, Hong Kong, Malaysia, the UK, Luxembourg, Dubai and a representative office in the Philippines, according to its website. &nbsp,

Rickie Chan introduced the Hong Kong branch’s position as its chief executive on April 17. Chan replaced Cindy Wong, whose last day at the bank was May 31, 2024, by adding it to his role as head of private banking, Greater China. She became the CEO of the Hong Kong branch in 2021 after joining the Bank of Singapore in November 2015. &nbsp,

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