BlackRock and Temasek; Stashaway’s advisors; Fund fee jealousy; SPAC warnings; Citibank’s wealth; Huarong’s bonds; Madoff’s Singaporean heir; Alien central bankers and much more.

BlackRock and Temasek; Stashaway’s advisors; Fund fee jealousy; SPAC warnings; Citibank’s wealth; Huarong’s bonds; Madoff’s Singaporean heir; Alien central bankers and much more.
The Singapore-based digital wealth manager has at least $1bn in AUM.
Stashaway’s global growth-oriented investment portfolios saw bulk of the inflows.
Several other robo-advisers have begun targeting investors outside their home markets.
The digital wealth manager raised capital from three main investors, but coincidently faced service problems in Malaysia on the same day.
Singapore-based Stashaway has launched a cash management portfolio that invests in Lion Global money market funds.
The Singapore-based firm also intends to bring its robo-advisory platform to other Southeast Asian markets.
Part of the Mark Allen Group.