2019-10-01 Singapore Tatler

singapore tatler. the tatler 300 list 2019 3

ILLUSTRATION AND COVER IMAGE: 123RF

EDITOR’S NOTE

300

THE

LIST 2019

Impactinvestingis a termcoinedby

theRockefellerFoundationin 2007 when

therewasanongoingdiscussionabout

differentmeanstousecapital.It refersto

thefinancialactwherefundsaredirected

toenterprisesthatgeneratesocialor

environmentalbenefits,beit projects

relatedtoaffordablehousing,sustainable

energyoreye-careclinics.Accordingtothe

GlobalImpactInvestingNetwork,there

weresome1,340organisationsmanaging

nearlyUS$502binimpactinvestingassets

worldwidebytheendof2018.Andthis

marketis ontheriseasmorepeople

recognisethepower—bothfinancialand

social—ofthisformofinvestment.

SUTLGroupchairmanandCEO

ArthurTay,whoshareshisinvestmenttips

withusonpage48,recognisestherationale

behindthissurge.“Itcanbea great

opportunityforcreatingwin-winsituations

forbothinvestorsandsocietiesatlarge,

butonlyif doneright,”heemphasises.

Understandingwhatoneis investingin

is key.“Justaswithanyinvestment,due

diligenceandthoroughresearchshould

beconductedtoassessthebenefitsbefore

reachinga decision.”

Whilethereis increasedawareness

of impact investing among ultra-high

net-worthindividuals,especiallywith

theyoungerset,theytendtosplittheir

fundsamongconventionalinvestments

suchasequitiesandrealestate,as

reportedinourstoryonpage14.An

exampleofanalternativebuthighly

worthwhileinvestmentis rarespirits.

Turntopage8 tofindoutwhyastutewine

andspiritscollectorsacquireexclusive

orlimited-editionbottles,otherthan

toenjoythetipple.

FortheannualTatler 300 list,the

editorialteamspentseveralmonths

researchinganddeliberatingbefore

arrivingatthefinallistofSingapore’smost

influentialindividuals.Theseluminaries

comefromdifferentfields,rangingfrom

theartsandengineeringtopublicservice.

Butthecommonthreadis thateveryone

ofthemhasmadea significantimpactthis

year.Someoftheseprominentleadersalso

sharetheirpersonalproductivityrules—

pearlsofwisdomthataredefi nitely worth

emulating. I know I will.

TERENCE LIM

Editor

Making an Impact