Issue 134, May 2014
Managing your wealth
Speakers at 28th Distinguished Alumni Forum share their views on planning one’s finances successfully

Participants attending the 28th Distinguished Alumni Forum on 22 May heard from expert speakers who shared valuable information and provided some tips on investment. Titled ‘Success to Wealth Planning’, the forum session at NTU’s one-north campus was attended by close to 160 participants.

Starting the session was alumnus Mr Tan Chin Hwee (NBS/1995), the Founding Partner of Apollo Global Management. He highlighted the importance of assessing one’s risk appetite and spending needs in order to make a sound decision on investment. It is critical to take into consideration the need, the ability, and the willingness to take risks which will decide on one’s asset allocation and portfolio construction. Mr Tan, who is also the President of the Singapore Chartered Financial Analyst Society, shared more about the different asset allocation models – David Swensen’s Asset Allocation and Optimal Asset Allocation (Merton).

Tax Partner, Financial Services at PricewaterhouseCoopers (PwC) Singapore, Ms Lim Maan Huey (NBS/2001), spoke about why taxation matters in wealth planning and the tax implications when investing. As different countries implement varied tax rates, this would affect one’s decision on where to stay and where to invest. It would be important to understand the foreign tax implications when investing overseas. Ms Lim also went on to explain the different taxes such as income tax and capital gains tax.

The final speaker for the session, Forum Chairperson Associate Professor Yip Sau Leung from NTU’s School of Humanities and Social Sciences (HSS), Division of Economics, gave an overview of important concepts and recommendations for asset investments. He provided information on the different avenues of investment available, such as property and shares.

Prof Yip highlighted the advantages of investing in property for one’s future although the property market may be volatile at times. For example, as long as one does not purchase property at its peak, its price will continue to rise. This is due to inflation, GDP growth and innovation, and urbanisation. He also explained the different property market trends in Singapore, Hong Kong, Malaysia, Taiwan and India.

The forum session was then opened to the floor for the question and answer session with members of the audience participating actively. It was an informative evening as the participants gained much knowledge on how one is able to manage one’s wealth and finances successfully for a comfortable future.

© Alumni Affairs Office