Former CEO of Morgan Stanley joins StashAway Advisory Committee

​Ms​ ​Sim​ ​Hwee​ ​Hoon,​ ​former​ ​CEO​ ​of​ ​Morgan​ ​Stanley​ ​Singapore,​ ​is​ ​the fourth​ ​and​ ​final​ ​member​ ​of​ ​StashAway’s​ ​Advisory​ ​Committee.​ ​

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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.”

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