While SoftBank benefits from strong asset coverage, its growing reliance on OpenAI and AI investments has increased concentration and liquidity risks.

We look at Heeton’s latest issuance and provide our thoughts below.

We look at Ho Bee Land’s latest issuance and provide our thoughts below.

We look at GuocoLand’s new issuance and provide our thoughts below.

We summarise the recent exchange offer announced by Heeton Holdings Limited and recommend rejecting the offer.

In this series, we speak with AllianceBernstein about its low-volatility equity strategy, highlighting how a disciplined investment framework helps investors navigate current geopolitical tensions, inflationary pressures, and evolving market uncertainties.

In the latest edition of our Q&A Series, we shine the spotlight on one of the top-performing Singapore equity funds over the past year, the iFAST-Amova Singapore Equity fund. Read on to find out more!

The Barings Global Senior Secured Bond Fund offers selective high-yield exposure with added structural protection through collateral backing, with around 9% distributions in USD terms.

Japan continues on its path toward a multi-year structural re-rating. In this article, we highlight the Amova Japan Equity SGD, a nearly 40-year-old active strategy that is well positioned to capture the country’s most significant transformation to date.

Looking for stable income while still capturing long-term growth opportunities? The Allspring Global Equity Enhanced Income Fund may be a compelling solution.

Japan equities are seeing the highest inflows in 20 years. Improving economic fundamentals aside, the positive sentiment is being fuelled by cyclical tailwinds and structural reforms that are still in play. Despite the strong rally to date, the Eastspring Japan equity team believes that there is more room for upside.

Japan’s companies are among some of the most cash rich, globally. Equally, some of the most attractive developed market valuations are to be found in Japan. Investors willing to look beyond the economic headlines will discover a market of stocks that is attractive on many fronts.

Inflation has dominated front pages in recent months, with headline consumer price increases in the US reaching 40-year highs. While we don’t expect global inflation rates to remain at these record-breaking levels, we see several medium to long-term factors that should continue to place upward pressure on inflation.

The direct impact of the war in Ukraine seems to have been priced in for now, and equity markets had another relatively strong week. However, we are still cautious due to our expectations of slower growth as a result of high inflation, tightening financial conditions, and the squeeze on consumers.

SpaceX is one of the world's most compelling growth companies, but with lofty expectations already reflected in its valuation, we explore why investors may find more attractive risk-reward opportunities elsewhere.

Micron again delivered earnings ahead of both market consensus and our expectations (since our previous update on March 26). We reaffirm BUY on Micron with a price target of US$1,665, implying ~+40% upside to the indicative post-print level of ~USD 1,186.

While a looming USD 300 billion patent cliff and strict regulatory price caps threaten to disrupt the broader healthcare sector, Eli Lilly is uniquely pulling ahead by turning drug-pricing headwinds into massive volume-driven growth.

Fiscal quarter ended May 29, 2026 — Numbers beat across all key metrics; stock fell on CFO exit and strategic transition concerns.

Markets sold off yesterday (23 June 2026), and we know many of you are concerned. South Korea’s KOSPI plunged nearly 10%, with circuit breakers triggered twice, and our VanEck Semiconductor ETF (SMH) fell sharply in sympathy with the broader semiconductor selloff. After SMH returned more than 140% over the past year, moves like this come with the territory. What matters is whether the long-term growth story has changed, and we don’t think it has.

When Apple says something has become “unavoidable,” the world pays attention. This week, CEO Tim Cook confirmed to the Wall Street Journal that the company will raise prices on its devices to offset surging memory chip costs. This tells you everything you need to know about the state of the global memory market, and why our conviction in the Global X Asia Semiconductor ETF has only deepened since we added it to your MAPS portfolios in April.

Markets have been volatile in 2026. Yet through all of it, your MAPS portfolios have delivered. Our Growth portfolios have returned as much as 9.2% year-to-date and up to 31.9% over the past 12 months, beating their benchmarks across every risk profile. These are not lucky outcomes. They are the product of deliberate positioning, active management, and the discipline to stay invested when others are tempted to panic. If you’ve been sitting on the sidelines, this is what you've been missing.

War in the Middle East. Oil above USD 110. A steep selloff in software stocks. 1Q26 threw a lot at investors, and yet our MAPS portfolios held their ground. Read on to learn how your portfolios performed, what drove returns, the changes we made in April, and how we have positioned your portfolios for what comes next.

We recently increased our Asia ex-Japan exposure from neutral to overweight and initiated a position in the Global X Asia Semiconductor ETF. The latest 1Q26 earnings from two of the ETF’s largest constituents — TSMC and SK Hynix — have validated that decision.

Visit our FSM Insurance booth at the FSM ETFest x Mid-Year Review Event to discover how you can optimise your insurance coverage and receive a complimentary "Grow Your Own Plant" Blind Box! No purchase required. *Terms and conditions apply.

Many Singaporeans set up a term life plan once — and never touch it again. Over time, premiums and new products change, so you could be paying more than you need to for the same type of protection. This article shows you how to assess whether you’re overpaying, how to right-size your coverage, and how to potentially save up to 53% a year simply by reviewing your term life plan. Plus, find out how to get up to 45% commission rebates on eligible policies when you insure with FSM Global.

Comparing Integrated Shield Plans for the April 2026 update? Discover our expert picks for the best private hospital plans based on your budget and needs.

Did you know your Integrated Shield Plan (IP) is meant to be the final safety net, not the first payer? Here’s what Last Payer Status means and how hospital bills should be correctly claimed.

How much can you really save by switching to an EV? Get all the facts on costs, rebates, practicalities, and how EVs compare to petrol cars — so you can make the right call for your lifestyle.

A safe haven currency is one that tends to hold its value — or even strengthen — when global markets get shaky, because investors trust its underlying stability. Think of it like a sturdy umbrella: you don’t need it on a clear day, but it’s reassuring to have one on hand before the weather turns, rather than scrambling for one once the rain starts.

Please note that our principal bank, Standard Chartered Bank (Singapore), has fully migrated to the new SWIFT BIC code SCBLSG22XXX.

How FSM Global helps foreign professionals and expats invest globally from Singapore

Explore how you can use FSM Global Margin Facility to build a high-performing global portfolio with iFAST-Amova Singapore Equity Fund, iFAST-Amova China Equity Fund, iFAST-Amova Asia Premier Trust, iFAST Affluence Global Dynamic Fund! Turning market opportunities into positive carry with attractive returns.

For Singapore investors looking to grow their retirement savings through the Central Provident Fund Investment Scheme - Ordinary Account (CPFIS-OA) and the Supplementary Retirement Scheme (SRS), one important administrative decision is selecting the right agent bank.