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.
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.
