David Ramli
Stories by David Ramli
Singapore gets new multi-family office in Envysion
The group is targeting assets under advisory of between $1.5 billion to $2 billion by year-end.
Singapore’s Temasek to freeze pay, pare bonuses amid virus outbreak
Temasek is heavily invested in China, with about 26% of its holdings there as of March 2019.
Asian hedge funds post double-digit gains on Tesla’s 56% stock rally in Jan
Optimus Prime got most of its 14.5% gain last month from Elon Musk’s electric car company.
Singapore woos world’s biggest money managers with new law
The structure is designed to make it more attractive for international firms to domicile funds in the nation.
SG’s family-run Tolaram Group to move into digital banking
Tolaram Group is known for its $1.8 billion fortune in cereals, noodles and infrastructure in Africa.
Singapore’s GIC picks up major stake in Myanmar’s Yoma Bank
As part of the round, GIC and Norfund will buy 30% stake in the bank for $88.7 million.
Temasek to ramp up allocation of funds to US despite trade war
About 15% of Temasek’s portfolio is invested in North America, and around 7% in life sciences and agribusiness.
Asia’s rich millennials learn the ropes through jungle hikes, Shark Tank-style contests
At bank-run summer schools for heirs of some of Asia’s wealthiest families, crash-courses in startups and impact investing are in vogue.
Consumer-focused PE firm L Catterton raises $1.45b for third Asia fund
The fund will seek deals across China, Japan, India, Southeast Asia, Australia and New Zealand.
Singapore’s Temasek mulls setting up new renewables-focused unit
Temasek was said to have decided against investing in Saudi Aramco’s initial public offering, in part over environmental concerns.
