2004
2004 NEWS
MSC IN WEALTH MANAGEMENT
The MSc in Wealth Management programme,a collaborative effort between SMU, the Wealth Management Institute (WMI) and the Swiss Banking School (SBS) has a distinctive feature - the availability of internships at private banks and fund management companies.
PUPILS TO LEARN MONEY SKILLS
Practical Money Skills for Life – a programme jointly developed by SMU, Visa International and the Association of Banks in Singapore – will teach students how to be financially savvy and handle money responsibly.
NEW WEALTH MANAGEMENT DEGREE HERE AN INSTANT HIT
When classes started over the weekend for the inaugural batch of students in the WMI master of science programme in wealth management at SMU, about four in 10 of them had to make their way from out of town, from places as far-flung as Canada and Europe.
MAS LAUNCHES RETRAINING SCHEME FOR FINANCE SECTOR
(SINGAPORE) New growth areas in the finance industry such as wealth management and settlement operations will require about 300 professionals next year.
S'PORE FUND MANAGERS ARE ON A ROLL
Good times are here again for the fund management industry, as strong equity markets coupled with a surge in fresh inflows boosted the industry's assets by 35 per cent to $465.2 billion at end-2003.
S'PORE MILLIONAIRES HAVE US$300B COMBINED WEALTH
(SINGAPORE) There were about 31,000 millionaires in Singapore last year, each worth US$1 million or more. Their combined wealth of US$300 billion - up 3.4 per cent from a year ago - is about three times the size of Singapore's GDP in 2003.
BRINGING UP WEALTH MANAGERS
More than 50 world-renowned private banks and asset-management houses are taking part to train wealth managers in Asia and are sending some of their best employees to teach the inaugural Master of Science in Wealth Management class at SMU.
STUDY WEALTH…TO ENTER THE WORLD OF PRIVATE BANKERS
There is a new way to get the necessary training and exposure to enter the world of private banking: the Master of Science in Wealth Management, offered by the Wealth Management Institute in collaboration with the Singapore Management University and the Swiss Banking School.
ASIA'S WEALTHY DEMAND MORE OF PRIVATE BANKERS
These clients are more hands-on than those in the US, Europe. ASIA'S super-wealthy clients, expected to be worth US$8 trillion in three years, want more than European and US private banks are used to offering.
MORE FUNDS SEEN FLOWING TO S'PORE WEALTH MGT INDUSTRY
Thanks to clearer rules on remittance, tax exemption on investment income (SINGAPORE) Wealth structuring will soon become much simpler for high net worth Singapore residents, who up to now have had to park money offshore because the tax impact of any remittance was unclear. Deputy Prime Minister Lee Hsien Loong yesterday announced two incentives that are expected to boost the wealth management industry here.
120 VIE FOR PLACE IN SMU WEALTH MGT PROGRAMME
Singapore Management University 's (SMU) master of science degree programme in wealth management has received an overwhelming response for its inaugural batch of students, with over 120 applications received.
