[ad_1]
The boldfaced names in money management can’t get enough of Singapore these days. Billionaire Ray Dalio has set up shop to manage some of his personal fortune there. Ken Griffin and Steve Cohen are on hiring sprees.
From Singapore’s earliest years as an independent state, it’s aimed to be one of the key locales through which the world’s money flows. And as a haven for wealth and a hub for asset managers, the “Switzerland of Asia” has been notching up enough wins to shed any regional asterisk. It also saw an influx of finance workers and business escaping Hong Kong’s harsh Covid Zero policies last year, though it still has a long way to go before displacing Hong Kong as a trading center and base for global banks looking for a gateway to China.
[ad_2]
Source link