Accredited investors in Singapore are high networth individuals. Accredited investors are also at greater risk of being mislead compared to others. Under the Securities and Futures Act, an accredited investor means (i) an individual — (A) whose net personal assets exceed in value S$2 million (or its equivalent in a foreign currency) or such other amount as the Authority may prescribe in … [Read more...]
These are the list of articles relevant to high networth individuals
HSBC Insurance Jade Global Select Universal Life
I was asked by a client to analyse this product together with the accompanying premium financing. This is my analysis. This product is a USD denominated Universal life. Upon single premium of USD187,158, the sum assured is USD1,500,000. The policy has some cash value based on a minimum crediting rate of 3%. The product is often marketed together with premium financing in which the bank finances … [Read more...]
Launch of IFAST Global Prestige
Today at the ballroom in Fullerton Hotel, iFAST launched a new platform called IFAST Global Prestige (IGP). The IGP is a B2B platform for advisers targeting at the High Networth (accredited investor) market. The IGP offers: 1. Diversified range of investment products such as unit trusts, stocks, ETFs, bonds, hedge funds, exotics like agricultural land and wine and fine art; 2. Wrap account … [Read more...]
Profiting from Death (Life Settlements Wholesale Fund)
The first collective investment scheme for Life Settement was introduced in Singapore early this year for accredited investors. The Life Settlements Wholesale Fund attracted attentions from financial advisers and investors. Many financial advisers were wary of this fund because the risks involved are unfamiliar. Wilfred Ling investigated and did research into the fund and identify what kind of … [Read more...]
