The Robo Report, published by US-based wealth management and investment advisory firm Condor Capital Wealth Management, ranks the total portfolio performance of a long list of robo-advisory firms in the US.

Performance of robo-advisor portfolios in the US

Affluent Malaysians are making their money sweat. According to HSBC’s Affluent Investor Snapshot 2024, Malaysians are among the most invested in financial products compared with investors in 10 other markets.

Making the money sweat

In recent months, Malaysia has witnessed a worrying surge in the number of mule accounts, which are increasingly being used money laundering and identity theft. The ease of acquiring the accounts has made the country a prime target for foreign syndicates looking to launder and legitimise their illicit funds.

Digital banks could spur rise in mule accounts

Talent mobility is a major factor for innovation and progress, yet also a very personal choice for workers. In its Decoding Global Talent 2024 – Mobility Trends survey, JobStreet by SEEK finds out whether people still want to move abroad for work, and if so, where and why. The survey involved 150,735 respondents from more than 180 countries. The majority were from Europe and Central Asia (38%) as well as East Asia and Pacific (31%). More than a third  of the respondents (38%) have a bachelor’s degree, and almost two-thirds  (64%) have tertiary qualifications.

Where in the world do people want to work?

While green finance was a buzzword in the last few years, the attention has partly moved to transition finance this year.

What is transition finance?

Deal activity dropped off in Southeast Asia for in the first quarter of 2024, down 46% to US$1.4 billion (RM6.6 billion) from US$2.7 billion in 4Q2023. At US$1.4 billion, the region’s deal value was back at the same level as 1Q2023, according to Bain & Co’s Southeast Asia Private Equity (PE) Report 2024.