Ms Sim Hwee Hoon, former CEO of Morgan Stanley Singapore, is the fourth and final member of StashAway’s Advisory Committee.
She joins Pranay Gupta, former Head of Multi-Asset Strategies at Temasek’s Fullerton Fund Management; Prof. Annie Koh, Professor of Finance at SMU and Board Member of CPF; and Prof. Massimo Massa, Rothschild Chaired Professor of Banking and Professor of Finance at INSEAD as part of StashAway’s Advisory Committee.
StashAway is setting itself apart wherever possible in Singapore’s nascent robo-advisor ecosystem. In addition to aligning with major thought-leaders and key industry practitioners, StashAway owns its CMS retail fund management license from MAS (the highest standard license), uses a proprietary asset allocation framework, has released a mobile app for both Android and iOS, and will allow customers to also deposit US Dollars for investment by early 2018, amongst other differentiators.
On why she joined StashAway’s Advisory Committee, Ms Sim says, “Coming from the private banking space, I see clients accumulate wealth through investments, but these tools are not readily accessible to the broader public. I believe StashAway’s approach is simple, yet well-considered, and finally provides the public affordable access to quality investments, which would otherwise not have been available to them.” StashAway deploys a sophisticated and dynamic investment strategy that mitigates risk, and withstands market fluctuations and economic cycle changes.
“It is universally accepted that asset allocation is the most important determinant of a portfolio’s risk and return. By focusing specifically on the allocation decision and implementing low-cost ETFs, StashAway’s investment process provides a cost-effective investment solution, which is truly aligned with the needs of investors,” adds StashAway advisory committee member and former Head of Multi-Asset Strategies at Temasek's Fullerton Fund Management, Pranay Gupta, about StashAway’s investment strategy.
Michele Ferrario, co-founder and CEO of StashAway shares, “The endorsement, support, and advice from this eminent group of advisors help us deliver and scale both this investment strategy and our distribution model. And most importantly, it gives us even more confidence that we are doing the right thing for our customers.”