In addition, Dalio will also become chairman of WMI’s advisory board for the programme, and be active in shaping the curriculum. WMI’s chairman emeritus, Ng Kok Song, former group chief investment officer of GIC and said to be a close friend of Dalio, will also be on the board. Lim Chow Kiat, CEO of GIC, will be on this board too. The programme is slated to start in 2021.
The Singapore wealth management industry will soon hear more of, and from billionaire investor Ray Dalio, whose Bridgewater Associates is one of the world’s largest hedge funds.
On Oct 21, the Wealth Management Institute, set up to train people for the industry, announced a US$25 million grant from Dalio’s philanthropic arm that will be used to launch the Dalio Sustainable Market Principles Program, aimed at training investment professionals and policymakers on universal principles of market behaviour.
