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Showing posts from October, 2017

SWF vs Public Pension Fund

Difference between Sovereign Wealth Funds and Public Pension Funds.

Sovereign Wealth Funds has the state as its beneficiaries, whereas Public Pension Funds has the payers as its beneficiaries.

Think of GIC as an SWF and CPF as a Public Pension Fund. 
GIC
- asset managed by Singapore (government-related) investment management company
- funded by tax payers
- purpose is to benefit Singapore as a whole (including non-tax payers) 
CPF
- asset managed by Singapore government
- funded by pensioners-to-be/tax payers (Singapore Citizens and Permanent Residents who contribute)
- purpose is to benefits only the pensioners
Easier to digest?

Portfolio: REITs

In the beginning of the year, I included REITs in my medium-to-long-term investment portfolio, on top of my Great Eastern Life and Health Insurance. 
Since REITs market in Singapore look rather healthy and seems to be the easiest asset to understand among the others in planning, I've taken the plunge investing into Viva Industrial Trust after shopping around. Since I've just started, there are a couple of key points I took note of and one main website I took as the first referral point before doing further research:
Sector. Since the investment horizon is 4-6 years, the sectors these REITs operate is a key consideration for me. Logistics-wise, industrial/manufacturing sector generally takes longer time to settle (transfer, setting up the equipment, or revamping the space to suit the business needs) at its new leasing space and their longer-term contracts meets my investment time horizon. Retail sector is less favorable in this regard - people come and go pretty quickly as the…

CAIA vs CFA

CAIA, a Chartered Alternative Investment Analyst, is the financial certification title I was after.
The choice to take up the certification didn't come easy. Having been in a situation where I was a full time student and working 2 part time jobs (while simultaneously working on an online business), it didn't make sense to wear myself out again now that I have a stable full time job. But boss was supportive on my own further personal development, so I took it.
3 things I found CAIA better than CFA is the focus of the study, levels, passing rate, and how it fits my situation right now.
The curriculum focuses on Alternative Investment (Real Asset, Hedge Funds, Private Equity, Structured Products, Portfolio and Risk Management) in comparison with the all-encompassing CFA (Chartered Financial Analyst) which many people are much more familiar with.  Also, since I'm working in Partners Group, a recently-hailed large-cap publicly-listed investment manager in the private market…