There has been comparisons of investment culture between Singapore and Hong Kong, which many believe Hong Kong is ahead of Singapore. The extract below from an article on Tradehaven discusses some of the comparisons.
This article was published on www.tradehaven.net, and is republished with permission.
1. FAIR – Financial Advisory Industry Review
has brought to our attention that perhaps not all financial advisors in Singapore are up to scratch which is, err, serious enough for an overhaul of industry standards.
2. Home Bias in Equities
Zico, our in house equity consultant, was sharing with me his exasperation in dealing with some of his peers. His friends who are heavyweight fund managers, brokers and investors. Singaporeans managing millions of dollars. All stuck in the mindset of investing on tip offs and microscopically fascinated in only Singapore equity.
Nonetheless, they are hugely ...
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