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Reports

Asset Allocation & Concentration Review

On demand · Period: 12 Apr 2026 → 12 May 2026 · Generated 10 May 2026

Investable assets total SGD 2.30B (92% of NAV) across 80 instruments held with three custodians. The book is diversified by asset class and currency, and the largest single-name weight remains inside the family-office concentration policy.

Allocation by asset class (SGD)

Asset classApprox. valueWeight
Listed equities1.45B63%
Fixed income478M21%
Private markets335M14%
Alternatives & structured92M4%
Total holdings≈ 2.30B100%

Weights are approximate; non-SGD positions are FX-translated at the latest snapshot.

Instrument census

  • Equities — 15 single names + 5 index ETFs (MSFT, NVDA, AAPL, GOOGL; HSBC, DBS, OCBC, Nestlé).
  • Fixed income — 24 bonds (6 government, 18 corporate), 6 credit-linked notes, 5 bond funds.
  • Private markets — 5 private-equity funds, 5 hedge funds.
  • Structured / derivatives — 10 reverse convertibles, 3 performance notes, 2 OTC swaps.

Concentration check

  • The largest single equity sits within the Individual portfolio's 12% single-name cap.
  • The Trust runs a tighter 5% single-name limit and a conservative, bond-heavy tilt.
  • Two reverse-convertible notes in the EUR sleeve are within ~6% of knock-out — flagged for monitoring.

Custody & currency

Positions are split across Deutsche Bank Singapore, UBS Hong Kong, and Northern Trust. SGD is the reporting currency; USD, EUR, GBP, HKD and CHF exposures are FX-translated at the latest rate snapshot.

As of 12 May 2026.

Aspire Intelligence · Generated 10 May 2026 · Confidential

Sources

Snapshot as of
12 May 2026
Reporting currency
SGD
Custodians connected
3
Generated
10 May 2026
Reporting window
12 Apr → 12 May
Documents in window
14 (10 reconciled)
Failed reconciliation
1
Model
default
DocumentKindCustodianUploadedStatus
ScotiaBank_StatementUpload_2026-05.pdfOther—10 MayPending
KKR_AsianFund_IV_CapitalCall_2026Q2.pdfCapital Call—8 May—
WhitfordHKLtd_KYC_RefreshPacket_2026.pdfLegalUBS Hong Kong6 May—
NorthernTrust_GlobalCustody_2026_Apr.pdfCustody StatementNorthern Trust4 MayReconciled
UBS_HK_PortfolioStatement_2026_Apr.pdfCustody StatementUBS Hong Kong3 MayReconciled
DB_Singapore_CustodyStatement_2026_Apr.pdfCustody StatementDeutsche Bank Singapore2 MayReconciled
BainCapitalAsia_V_DistributionNotice_2026Q1.pdfDistribution—23 AprReconciled
UBS_TradeConfirm_0700HK_Buy_2026-04-22.pdfTrade ConfirmUBS Hong Kong22 AprReconciled
Clearlake_Capital_VIII_CapitalCall_2026Q1.pdfCapital Call—20 AprReconciled
DB_TradeConfirm_NVDA_Sell_2026-04-18.pdfTrade ConfirmDeutsche Bank Singapore18 AprReconciled
WhitfordFamilyTrust_SG_TaxReturn_FY2025_Acknowledgement.pdfTax Doc—14 AprReconciled
Clearlake_CapitalPartners_VIII_K1_FY2025.pdfK-1—9 AprReconciled
KKR_AsianFund_IV_K1_FY2025.pdfK-1—4 AprReconciled
DB_Singapore_CustodyStatement_2026_Mar.pdfCustody StatementDeutsche Bank Singapore1 AprReview