On 18 Dec 2020, APEC Institute of Business held the 4th APEC Experts Forum, in joint organisation with Phoenix Education and Singapore Eye. It was streamed via ifeng.com, which garnered a total number of 287,000 views and great interest from a wide audience.
Professor Kimmis Pun, former President of Financial Planning Association of Singapore, and board director at Financial Planning Standards Board, was the panellist for the event and she shared on the topic of Building New Wealth In 2021.
The forum was hosted by APEC Institute of Business' Learning Consultant Joanna (right).
World's Economic Centre of Gravity Shifts East -
Asia Brings New Opportunities for Wealth Management in China
Professor Kimmis Pun gave an insightful sharing on the topic of managing wealth.
In the upcoming year of 2021, Professor Pun analysed a series of global investment hotspots and trends. She believes that as the global 5G network spreads and digital transformation is further accelerated, the application of digitalisation, connectivity and blockchain will become more common; fintech products and services involving transaction, finance, loan, risk control, finance and insurance systems will become more intelligent; medical and health technologies that provide more personalised healthcare and smart products will be widely used; food technologies that restore biodiversity and enhance the sustainability of the food industry will be further promoted; and related infrastructure associated with clean energy technologies and related industries such as electric vehicles and batteries and smart appliances will be further popularized. Food technology, which restores biodiversity and enhances the sustainability of the food industry, will be further developed; and infrastructure related to clean energy technology and related industries such as electric vehicles, batteries and smart appliances will see a boom in development.
Using the Principle Of "Able To Understand, Able To Sleep, Able To Lose" To Choose Investment Products
Professor Pun pointed out that we can choose the right asset allocation according to our financial situation, and diversification of asset classes can optimise our portfolios, which can reduce risk and increase returns. You can optimise your investment portfolio by adopting a 60/40 core/satellite asset allocation strategy, combining your actual situation with the investment principle of "Able to Understand, Able to Sleep, Able to Lose", and choosing investment products such as stocks, bonds, gold and silver, currencies, real estate, and investment funds that are suitable for you according to your means.
Based on her years of experience, Professor Pun also gave many concrete practical advice, such as holding when the price is less than the value, selling when the price is greater than or equal to the value, maintaining long term investments, deciding when is the right time to invest, and always maintaining risk awareness.
Professor Pun and host Joanna had an engaging conversation surrounding various financial topics.
Choosing Professional Services, Controlling Investment Risk, And Creating Long-Term Wealth
Professor Pun concluded that there is a growing and expanding demand for professional investment advice and services in both China and Singapore. Therefore, in this aspect of wealth management, investors, regardless of individuals, families, corporations, or government institutions should familiarise themselves with various investment opportunities or choose quality professional intermediary services, be fully aware of and control the corresponding risks of various investments and having a good mix of various investments so as to attain security and appreciation for their personal wealth.
APEC Institute of Business gave away a Nyonya-inspired jewelry box to each of their three lucky viewers, with patterns that symbolized prosperity, health and good luck.
In this final session of APEC Experts Forum in 2020, APEC gave away a Nyonya-inspired jewellery box to three lucky winners. Stay tuned to a new series of talks from APEC Institute of Business in 2021!