Afdb investment forum

SINGAPORE: Wealth Management Institute (WMI), a non-profit educational and research institute, announced on Wednesday (Oct 21) that it will launch a programme to train policymakers and investment professionals on universal principles of market behaviour. The Dalio Sustainable Market Principles Program, which will commence its courses next year, is aimed at enhancing the capabilities and expertise of policymakers and asset managers, said WMI in a press release. It will cover economic and market fundamentals, portfolio construction and risk management, as well as case studies. Billionaire investor and philanthropist Ray Dalio, who has advised policymakers and Singapore’s sovereign wealth funds since the 1990s, gave a US$25 million grant to WMI for the new programme. The grant, made from Dalio Philanthropies, may also be used to support research, signature conferences and other thought leadership forums. “I have known Singapore for many decades and have had the privilege of … [Read more...] about Dalio Philanthropies gives US$25m grant for new programme to train policymakers, investment professionals

KUALA LUMPUR: Although Chen Pei Teck was involved in the palm oil trade as part of his job with a major plantation company, he had never opened a share trading account. “I was too busy, but it was always at the back of my mind,” said the 43-year-old financial controller. He decided to take the plunge into retail investing in late February this year, as the COVID-19 pandemic deepened and a lockdown loomed. “I can’t remember what the specific saying is, but it’s something about such times being a good point to invest,” he said. Shortly after that, Malaysia went into the first phase of its movement control order (MCO) on Mar 18. Businesses, schools and offices were ordered to close to prevent the disease from overwhelming the healthcare system. Some curbs were later lifted in the conditional MCO (CMCO) phase from May 4 to Jun 9, before being eased further in the recovery MCO from Jun 10 to Aug 31. READ: Despite a 6-month loan moratorium, Malaysia's SMEs fret over cash … [Read more...] about COVID-19 lockdown stimulates Malaysia’s retail investor boom

Knowledge is power. Bookmark these 7 websites to stay in the know and win your share of the spoils when investing. Because the economy and the stock markets are inextricably linked, trying to invest without any knowledge of stock market news will lose you half your capital faster than you can say ‘sub-prime mortgage crisis’. If only I had been aware of the trouble that was brewing halfway around the world, I wouldn’t have agreed to invest in a US real estate fund proposed by a financial adviser I met (true story). Just so you don’t make the same mistake I did, here are seven websites you should include in your daily reading list before investing in the stock market. 1. The Motley Fool While they may have recently excited our sunny shores, The Motley Fool remains a top source of news, analyses and updates for the global stock market. This is mainly due to their proven track record. Their paid Stock Adviser service has 5X-ed the S&P 500 for the last 17 years, achieving … [Read more...] about 7 websites & blogs for your stock market news fix

LONDON: Arianna O'Dell, a 30-year-old entrepreneur and songwriter based in New York City, had a tumultuous four-year journey in cryptocurrency before selling her investments in February. During her rollercoaster ride, bitcoin prices swung from under US$1,000 to nearly US$20,000. O'Dell may not have made optimal decisions about when to buy or sell, and missed out on the recent rally - but says she doesn't regret that. Investing US$2,705 worth of proceeds into her business was better than enduring the stress of daily fluctuations, even though the price has since doubled, she said. "Honestly I've had more luck in Vegas than I've had with cryptocurrencies," O'Dell said in an interview. She is part of a relatively new class of retail investors who joined the crypto market years ago, helping propel bitcoin's price to a high of nearly US$20,000. Not willing to stomach the subsequent volatility and having lost hope in a recovery, many cashed out, and are now missing the latest … [Read more...] about Analysis: Feeling lucky? Bitcoiners who missed rally express relief and regret

Kindly Share This Story: By Babajide Komolafe, Peter Egwuatu, Udeme Akpan, Yinka Kolawole, Nkiru Nnorom, Godfrey Bivbere, Princewill Ekwajuru, Rosemary Iwunze Vice President Yemi Osinbajo and Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, Governors of Lagos State, Ekiti, Bauchi States alongside eminent economists yesterday at the Banks’ Chief Executive Officers (CEOs)  Summit outlined  policy measures needed to sustain  the nation’s  economic growth. Whilst warning against the temptation to be  carried away by the exit from recession, they called on banks’ CEOs to join government efforts to make maximum use of the opportunity offered by the  COVID-19 recession to reset the nation’s economy for sustainable growth. The event which was organised by Vanguard Newspaper, in collaboration with CBN and the Bankers Committee, was attended by the Lagos State Governor, Babajide Sanwo-Olu, and Governor Babagana Zulum, who was represented by Senator … [Read more...] about How Nigeria can sustain economic growth —Osinbajo, Emefiele, Sanwo-Olu, Zulum, Salami, Rewane, Akabueze, others at Banks’ CEO Summit