Wanted: C-suite and specialist talents to serve ultra-rich

Wanted: C-suite and specialist talents to serve ultra-rich

[SINGAPORE] As demand for alternative assets is heating up in Singapore, so too is the need to hire more staff versed in the field. Leading recruitment agencies saw more openings for such roles in the first quarter of 2025, with Robert Walters and Randstad reporting a year-on-year increase of nearly 20 per cent in the…

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OCBC remains bullish on investment outlook despite US credit downgrade by Moody’s

OCBC remains bullish on investment outlook despite US credit downgrade by Moody’s

[SINGAPORE] Local bank OCBC remains positive about the investment outlook for the next one year, despite Moody’s downgrade of the United States’ credit rating on Friday (May 16). The ratings agency downgraded the US from “AAA” – the highest rating for credit reliability – to “AA1”, citing rising fiscal deficits and higher interest payments. Nevertheless,…

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Income’s financial advisory arm wants to capture demand for alternative investments

Income’s financial advisory arm wants to capture demand for alternative investments

[SINGAPORE] Amid growing demand for private market and alternative investment products in Singapore, financial advisers are increasing efforts to offer products in addition to the traditional insurance and investment products. Income Insurance’s independent financial advisory arm, Income Advisory Financial Advisers (Iafa), is one such example. Studies show that the demand for alternative investments is projected…

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Nearly half of Gen Z admits to lying on job applications, survey finds

Nearly half of Gen Z admits to lying on job applications, survey finds

New survey data indicates that one in four job applicants has lied, exaggerated or provided inaccurate information on their applications in some way, shape or form — and Gen Z leads the trend. The findings from career.io — a career services platform — indicate nearly half (approximately 47%) of the age group admitted to falsifying some aspect…

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Directors in property and maritime companies raise interests

Directors in property and maritime companies raise interests

OVER the four trading sessions from May 9 to 15, institutions were net sellers of Singapore stocks, with net institutional outflow of S$55 million, partially reversing the net inflow of S$123 million for the preceding five sessions. This brings the net institutional outflow for the 2025 year to May 15 to S$1.66 billion. Institutional flows…

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