12 November 2026
An abrupt Nvidia leadership change could trigger near-term uncertainty and a valuation reset, but its strong ecosystem and order pipeline should cushion earnings. Longer-term risks hinge on leadership continuity, talent retention and execution of its product roadmap.
Read more for our views on current market developments.
Featured
Quarterly Outlook
4Q 2026 Investment Outlook: A narrower path
As the near-term environment becomes less forgiving, investors must reduce risk by staying tactically cautious but strategically constructive. Discover our 4Q 2026 Investment Outlook for perspectives on global macro trends, sector themes and opportunities shaping today’s shifting markets.
Market Update
Rumbles at the epicentre of AI
12 November 2026 An abrupt Nvidia leadership change could trigger near-term uncertainty and a valuation reset, but its strong ecosystem and order pipeline should cushion earnings. Longer-term risks hinge on leadership continuity, talent retention and execution of its product roadmap. Read more for our views on current market developments.
Podcast
US midterms: What could a Blue Wave mean for markets?
5 November 2026 In this special US midterms episode of Market Pulse, Dawn Leong from the Chief Investment Office joins Alvin Liew, Senior US Economist, to unpack what the election outcome means for investors. Alvin Liew explores the policy implications, from fiscal spending and healthcare to geopolitics, while Dawn Leong breaks down the market impact across equities, bonds and currencies. Together, they discuss the key risks, opportunities and investment implications as the post-election landscape begins to take shape.
MONTHLY CIO SIGNALS
Looking beyond the noise
November 2026
A monthly perspective on the market signals that matter, their implications, and how investors should respond.
Investment insights
rumbles_at_the_epicentre_of_ai
Market Update
Rumbles at the epicentre of AI
do_not_panic,_but_stay_selective
Market Update
Do not panic, but stay selective
6 November 2026
A sharp market sell-off has reignited investor concerns around AI-related valuations and volatility. While oversold conditions suggest a near-term rebound is possible, investors should remain disciplined, focusing on quality assets, resilient earnings and diversified sources of income rather than chasing market swings.
Read more for our views on current market developments.
cio_signals
Market Update
CIO Signals
November 2026
Markets remain supported by resilient growth and AI adoption, though greater selectivity is key.
Discover how diversification, quality assets and attractive bond yields are shaping portfolio positioning for investors.
blue_congress,_divided_government
Market Update
Blue Congress, divided government
4 November 2026
The US midterm elections have resulted in Democratic control of Congress, altering the policy backdrop. However, interest rates, economic growth, AI investment, and corporate earnings are likely to remain the primary drivers of market performance.
Read more for our views on current market developments.
us_midterms:_what_could_a_blue_wave_mean_for_markets?
Podcast
US midterms: What could a Blue Wave mean for markets?
5 November 2026
In this special US midterms episode of Market Pulse, Dawn Leong from the Chief Investment Office joins Alvin Liew, Senior US Economist, to unpack what the election outcome means for investors. Alvin Liew explores the policy implications, from fiscal spending and healthcare to geopolitics, while Dawn Leong breaks down the market impact across equities, bonds and currencies. Together, they discuss the key risks, opportunities and investment implications as the post-election landscape begins to take shape.
cio_signals
Market Update
CIO Signals
September 2026
Market leadership is broadening beyond AI, creating new opportunities across sectors and regions.
Discover how resilient earnings, diversification and shifting market dynamics are shaping portfolio positioning for investors.
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Thematic Investing
Thematic Investing
Our Guiding Framework
Long-term structural change is reshaping economies, industries and portfolios. This introductory publication sets out our thematic investing framework, explaining how we assess whether a theme is commercially credible, investible and appropriately timed. It also introduces the five pillars of global transformation that guide our approach to identifying durable opportunities beyond traditional asset-allocation categories.
Thematic Investing
Physical AI
AI is moving beyond the digital world and into the physical one. Combining AI, sensors and robotics, physical AI could transform manufacturing, logistics and other labour-intensive industries. This creates opportunities across the enabling ecosystem, while a selective approach remains warranted in newer areas such as general-purpose humanoids.
Thematic Investing
Defence Growth Cycle
Defence growth cycle reflects a renewed focus on military readiness as governments increase military spending, modernise ageing equipment and strengthen industrial capacity amid a more complex geopolitical environment. This teaser explores how opportunities may arise across the defence value chain, while highlighting the importance of valuation discipline and execution risks.
Thematic Investing
Quantum Computing
Quantum computing has the potential to transform fields such as drug discovery, advanced materials and optimisation by solving complex problems beyond the reach of conventional computers. This teaser explores the technology's long-term potential, the path to commercial adoption and where value may accrue across the ecosystem, while highlighting valuation considerations and implementation challenges.
Thematic Investing
Prediction Markets
Prediction markets turn expectations about future events into tradable, real-time probability signals. We examine how these platforms are expanding beyond politics into sports, economics, technology and corporate events, and why they could become a new layer of information infrastructure. It also explores where value may accrue across regulated exchanges, market data, payments and compliance, while highlighting the regulatory, liquidity and market-integrity risks.
Thematic Investing
AI-driven Precision Medicine
AI-driven precision medicine combines artificial intelligence (AI) with genomic, biomarker, imaging and clinical data to support more personalised diagnosis and treatment. We explore how AI could improve disease detection, treatment selection and drug development, while examining where value may accrue across diagnostics, research tools, data platforms and clinical software. It also highlights why clinical validation, reimbursement, data privacy and regulatory oversight remain critical to adoption.
Thematic Investing
Agentic Artificial Intelligence
Agentic Artificial Intelligence (AI) marks the next step in enterprise artificial intelligence, moving beyond chatbots that answer questions towards systems that can plan, act and complete tasks. This teaser explores how AI agents could reshape enterprise workflows, where commercial value may accrue, and why governance, security and trust will be critical to adoption.
Thematic Investing
Strategic Reindustralisation
Strategic reindustrialisation reflects a shift from “just-in-time” globalisation towards more resilient, “just-in-case” supply chains. This teaser explores how industrial policy, friend-shoring, supply-chain redundancy and manufacturing localisation are reshaping capital allocation across semiconductors, defense, infrastructure, automation and critical materials.
Thematic Investing
Nuclear Energy
Nuclear energy is regaining strategic importance as countries seek reliable, low-emissions power and greater energy security. This teaser examines the policy revival, rising electricity demand from data centres and artificial intelligence, and the implications for uranium, infrastructure and the broader nuclear supply chain.
Thematic Investing
Autonomous Driving
Autonomous driving is moving from concept to selective deployment, supported by advances in sensors, compute, mapping and connectivity. This teaser explains the different levels of vehicle automation, where near-term monetisation may emerge, and why the opportunity extends beyond robotaxis into Advanced Driver Assistance Systems (ADAS), software, semiconductors and mobility platforms.
Thematic Investing
Electric Vehicles
Electric Vehicles (EV) are entering a new phase, moving from hype and subsidy-led adoption towards broader commercial viability. This teaser highlights the latest adoption trends, improving battery economics and expanding charging infrastructure, while examining where value may accrue across the wider EV value chain.
Thematic Investing
Stablecoins
Stablecoins are moving beyond crypto trading towards broader use in payments, settlement, treasury operations and digital financial infrastructure. This teaser explains how programmable money could change the economics of moving value, while highlighting the importance of regulation, reserve transparency, cybersecurity and institutional adoption.
Thematic Investing
Athleisure
Athleisure has reshaped consumer wardrobes, but the category now appears more mature than early-cycle. This teaser examines why broad category growth is normalising, why execution and brand differentiation matter more than before, and where selective opportunities may still exist within premium niches and leading consumer brands.
Thematic Investing
Thematic Investing
Our Guiding Framework
Long-term structural change is reshaping economies, industries and portfolios. This introductory publication sets out our thematic investing framework, explaining how we assess whether a theme is commercially credible, investible and appropriately timed. It also introduces the five pillars of global transformation that guide our approach to identifying durable opportunities beyond traditional asset-allocation categories.
Thematic Investing
Physical AI
AI is moving beyond the digital world and into the physical one. Combining AI, sensors and robotics, physical AI could transform manufacturing, logistics and other labour-intensive industries. This creates opportunities across the enabling ecosystem, while a selective approach remains warranted in newer areas such as general-purpose humanoids.
Thematic Investing
Defence Growth Cycle
Defence growth cycle reflects a renewed focus on military readiness as governments increase military spending, modernise ageing equipment and strengthen industrial capacity amid a more complex geopolitical environment. This teaser explores how opportunities may arise across the defence value chain, while highlighting the importance of valuation discipline and execution risks.
Thematic Investing
Quantum Computing
Quantum computing has the potential to transform fields such as drug discovery, advanced materials and optimisation by solving complex problems beyond the reach of conventional computers. This teaser explores the technology's long-term potential, the path to commercial adoption and where value may accrue across the ecosystem, while highlighting valuation considerations and implementation challenges.
Thematic Investing
Prediction Markets
Prediction markets turn expectations about future events into tradable, real-time probability signals. We examine how these platforms are expanding beyond politics into sports, economics, technology and corporate events, and why they could become a new layer of information infrastructure. It also explores where value may accrue across regulated exchanges, market data, payments and compliance, while highlighting the regulatory, liquidity and market-integrity risks.
Thematic Investing
AI-driven Precision Medicine
AI-driven precision medicine combines artificial intelligence (AI) with genomic, biomarker, imaging and clinical data to support more personalised diagnosis and treatment. We explore how AI could improve disease detection, treatment selection and drug development, while examining where value may accrue across diagnostics, research tools, data platforms and clinical software. It also highlights why clinical validation, reimbursement, data privacy and regulatory oversight remain critical to adoption.
Thematic Investing
Agentic Artificial Intelligence
Agentic Artificial Intelligence (AI) marks the next step in enterprise artificial intelligence, moving beyond chatbots that answer questions towards systems that can plan, act and complete tasks. This teaser explores how AI agents could reshape enterprise workflows, where commercial value may accrue, and why governance, security and trust will be critical to adoption.
Thematic Investing
Strategic Reindustralisation
Strategic reindustrialisation reflects a shift from “just-in-time” globalisation towards more resilient, “just-in-case” supply chains. This teaser explores how industrial policy, friend-shoring, supply-chain redundancy and manufacturing localisation are reshaping capital allocation across semiconductors, defense, infrastructure, automation and critical materials.
Thematic Investing
Nuclear Energy
Nuclear energy is regaining strategic importance as countries seek reliable, low-emissions power and greater energy security. This teaser examines the policy revival, rising electricity demand from data centres and artificial intelligence, and the implications for uranium, infrastructure and the broader nuclear supply chain.
Thematic Investing
Autonomous Driving
Autonomous driving is moving from concept to selective deployment, supported by advances in sensors, compute, mapping and connectivity. This teaser explains the different levels of vehicle automation, where near-term monetisation may emerge, and why the opportunity extends beyond robotaxis into Advanced Driver Assistance Systems (ADAS), software, semiconductors and mobility platforms.
Thematic Investing
Electric Vehicles
Electric Vehicles (EV) are entering a new phase, moving from hype and subsidy-led adoption towards broader commercial viability. This teaser highlights the latest adoption trends, improving battery economics and expanding charging infrastructure, while examining where value may accrue across the wider EV value chain.
Thematic Investing
Stablecoins
Stablecoins are moving beyond crypto trading towards broader use in payments, settlement, treasury operations and digital financial infrastructure. This teaser explains how programmable money could change the economics of moving value, while highlighting the importance of regulation, reserve transparency, cybersecurity and institutional adoption.
Thematic Investing
Athleisure
Athleisure has reshaped consumer wardrobes, but the category now appears more mature than early-cycle. This teaser examines why broad category growth is normalising, why execution and brand differentiation matter more than before, and where selective opportunities may still exist within premium niches and leading consumer brands.
Generational Wealth Insights
Asian wealth management – Succession planning strategies
14 November 2024
Angela Koh, Head of Wealth Planning and Family Office Advisory, shares her insights on building lasting family legacies in this podcast interview with The Business Times.
Harnessing almost 90 years of experience in navigating intergenerational wealth transfer
21 August 2024
Chew Mun Yew, Head of UOB Private Bank, shares his perspective on succession planning in the changing landscape of family wealth management and how UOB Private Bank leverages its strengths to help high-net-worth families achieve generational success.
Intergenerational wealth and the great wealth transfer
23 August 2023
As Asia’s wealthy prepare for the great wealth transfer, learn how thoughtful planning can pave the way for generational success and enduring family legacies.
It takes a shared vision and focus to achieve all you aspire to.
The kind we have with all of our clients.
It takes a shared vision and focus to achieve all you aspire to.
The kind we have with all of our clients.
For a forward thinking Private Banking experience with a uniquely ASEAN heritage, contact us
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About us
From the moment our doors first opened, it was always about the generations to come. About making sure we would be here for the long run and help other Asian families do the same.
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Your plans for the long term are yours, and only yours. So we design solutions around you and only you. This forms the basis of our investment philosophy.
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