Singaporean $100bn asset manager Hillhouse Investments opens ADGM office | Community

Singaporean $100bn asset manager Hillhouse Investments opens ADGM office | Community

Hillhouse Investment Management, a global asset manager with $100 billion, has opened an office in ADGM, becoming one of the first companies to set up an office in the financial center of Abu Dhabi since the Iran war began about five weeks ago. The Singapore-headquartered company has received a Class 3C license from the Financial … Read more

Private investments in 401(k)s: We still have Questions

Private investments in 401(k)s: We still have Questions

For years, pension plan sponsors have operated in a gray area, with private investments allowed in fixed-date funds and managed accounts but rarely used. A new proposal from the Department of Labor attempts to reduce that uncertainty in 401(k) plans but, in doing so, raises its own questions. The DOL’s proposed rule, released on March … Read more

‘I never stopped living like a college student.’ I’m 37 years old, I usually only make $13K a year, but I have investments and a $1.2M house. I don’t want to sell it, but I want a lot of money. Now why?

'I never stopped living like a college student.' I'm 37 years old, I usually only make $13K a year, but I have investments and a $1.2M house. I don't want to sell it, but I want a lot of money. Now why?

Question: “I am 37 years old and together with my partner, we usually had a combined annual income of $10-13K a year. We did not stop living like college students. But thanks to a well-made agreement, I have my house, and it was worth $1.2 million in 2020. My plan was to take that money … Read more