Bank of Singapore establishes independent investment advisory council

The council will augment the bank’s chief investment officer’s research and develop insights for its clients.

Bank of Singapore (BoS), on May 30, announced that it has created an independent investment advisory council. The council will augment the bank’s chief investment officer’s (CIO) research capabilities and develop relevant insights for BoS’s clients. The chief investment office is a standalone unit that reports directly to BoS CEO Jason Moo.

The council, which brings together experts to benefit ultra-high net worth families and individuals, is reportedly a first by a private bank in Asia.

According to BoS, the move is timely as the increased market uncertainties make it more critical for investors to have a holistic view of the upside and downside risks, as well as structural trends impacting the geopolitical and economic landscape.

The eight members are:

• Belinda Boa, head of Asia Pacific (Apac) Active Investments and chief investment officer (CIO) of emerging markets at BlackRock;

• Ken Caplan, global co-chief investment officer at Blackstone;

• Fabiana Fedeli, chief investment officer, equities, multi-asset and sustainability at M&G Investments;

• Robin Hu, Asia chair at Milken Institute and advisor senior director at Temasek;

• Stewart James, co-head, office of government affairs Apac, Goldman Sachs;

• Yuichi Murao, CIO at Nomura Asset Management;

• Adam Posen, president, Peterson Institute for International Economics; and

• Paula Campbell Roberts, chief investment strategist for global wealth at KKR.

“Building intellectual capital is a key part of the bank’s strategy to become the top private bank in Asia. In today’s knowledge-driven economy, we are enhancing our competitive advantage by investing in research capabilities, which includes convening this global advisory council that complements our in-house insights,” says Jean Chia, global CIO at BoS.

“The council pools together a group with valuable knowledge and deep expertise, strengthening our value proposition of becoming the go-to bank for investment advice and advisory and discretionary portfolio management,” she adds.

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