VP Bank Asia

𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻 𝘁𝗶𝗺𝗲 ↔ 🔵 America votes. It may take time before the winner is declared. ➡ Read the weekly #comment by CIO Dr Felix Brill now: https://okt.to/fkrUTF #USA #elections #analysis

While markets seem to be frontloading in a Trump victory in the upcoming US presidential election, it's still too early and too close to call. In our view, it's important to remain cautious on binary election trades and to maintain a balanced portfolio. The above was discussed in a conversation with Martin Soong and Thomas Rupf, CFA, FRM, CAIA, VP Bank's Chief Investment Officer Asia, on CNBC Squawk Box Asia earlier today. They also discussed how pharmaceuticals remain a sector to watch amidst this election uncertainty, as well as other market movements, including the drivers behind the recent rise in US Treasury yields, the Chinese economy and the allocation of gold in a diversified portfolio. Watch a clip from the interview here.

Last week, we invited our clients to a roundtable discussion in the office to hear the insights from Benjamin Szeto Esq. and Novilia Bunaidi, experts from 1291 Group and PB Taxand. They discussed the tax environment in Indonesia, how it affects families, investors and business owners, and how to improve overall returns through the use of insurance. Indonesia, Southeast Asia's largest economy and the world's fourth most populous country, remains a key market of interest to global investors today. It was important to help our clients keep abreast of changes in the regulatory environment and understand the impact this may have on their portfolios so that they can effectively plan for their wealth.

𝗢𝘂𝗿 𝗩𝗶𝗲𝘄 - 𝗧𝗵𝗲 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗶𝗻 𝗢𝗰𝘁𝗼𝗯𝗲𝗿 🔵 The Asian stock markets are currently the talk of the town, with the Chinese stock market in particular. The Chinese government has put together an economic stimulus package. 🔵 This announcement alone has set the stock markets in motion. Chinese equities were rallying in the first couple of days after the announcement. ➡ Watch the video now

The Chinese government has announced measures to stimulate the economy and it is important for investors to understand the impact and sustainability of these measures in the long term. Will the initial euphoria in China continue? Financial markets thrive on hopes and expectations. When expectations are exceeded, prices rise. When hopes are dashed, the opposite happens. Investors are not immune to this, which makes it all the more important to compare your own expectations with those of others. We discuss this in the latest edition of Our View, written by our Group CIO, Dr Felix Brill. Read the full article to find out more: https://lnkd.in/gc34SxX4

VP Bank is delighted and honoured to be a sponsor of the Third Annual WealthBriefingAsia External Asset Management Awards 2024 - a flagship platform that recognises the best in the wealth management industry here in Asia. Alongside other esteemed partners from the custodian, technology and financial services industries, Michel D. Hofstetter, our Head of Intermediaries Singapore, was on the judging panel for this year's awards.   Congratulations once again to the winners of this year's awards - this is a true testament to your skill and expertise, and we look forward to deepening our relationship with you as we grow and build expertise together in this industry.

𝗨𝗦 𝗽𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹 𝗲𝗹𝗲𝗰𝘁𝗶𝗼𝗻: 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 𝗮𝗿𝗲 𝘁𝗼𝗿𝗻 ✉ 🔵 With less than a month to go before the US presidential election, we analyse the economic implications of the platforms of the two candidates, Kamala Harris (Democratic party) and Donald Trump (Republican party). 🔵 We focus on the most important policy areas for investors, namely Fiscal and economic policy, monetary policy, trade policy, (de-)regulation and antitrust policy. 🔵 Ultimately, the key factor will be the extent and form of implementation. Also a major factor will be the outcome of the congressional elections, which will take place at the same time. ➡ Read all about it in the analysis of Chief Strategist Bernd Hartmann and Chief Economist Dr. Thomas Gitzel: https://okt.to/2qv6VS

𝗧𝗵𝗲 𝗰𝗿𝘂𝘅 𝗼𝗳 𝗶𝗻𝗳𝗹𝗮𝘁𝗶𝗼𝗻 📈 🔵 Headline rates are falling, but the prices still rise. This could impact the elections in the US. ➡ Read weekly #comment by CIO Dr Felix Brill now: https://okt.to/DCqsdf

Generative Artificial Intelligence (GenAI) has undoubtedly brought about unprecedented technological change, and the huge opportunities it has created in the healthcare industry for both businesses and investors are compelling. Recognising this growing appetite for such thematic investment solutions in Asia, we partnered with Bellevue Funds (Lux) SICAV last week to share deeper insights into this exciting topic of the future of healthcare at an intimate roundtable discussion with our clients.   Here are some of the key takeaways highlighted by Marcel Fritsch, Head of Healthcare Funds & Mandates at the event: - Healthcare systems will benefit from the huge data pools that have been built up over decades. - Early adopters of GenAI will have a sustainable competitive advantage - GenAI will be a significant driver of shareholder value - Well-capitalised companies with strong AI capabilities   At VP Bank, we stay abreast of evolving investment trends and strive to provide our clients with leading insights to help them chart their future investment journeys and we look forward to hosting our clients again at the next event.

Physical gold continues to play a key role in wealth preservation, especially when used as a hedge against inflation and currency risk - and the growing demand for dedicated precious metals storage facilities in Singapore reflects this sentiment.   According to Thomas Rupf, CFA, FRM, CAIA, our Chief Investment Officer, physical gold is preferred for "safety with a longer-term horizon", while paper gold (metal accounts, ETFs, etc.) offers easy access with lower costs and liquidity.   We recently contributed to a The Business Times story on how wealthy individuals are stocking up on bullion amid economic uncertainties. Read the full article (behind paywall) here.