Dalio Philanthropies makes US$25m grant to WMI for new programme

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BILLIONAIRE investor and philanthropist Ray Dalio is making a US$25 million grant to Singapore's Wealth Management Institute (WMI) for the launch of a programme on sustainable market principles. Read more at The Business Times.

A dedicated advisory board for the programme will be established, chaired by Mr Dalio and will include Ng Kok Song, WMI chairman emeritus, and other leaders from the industry and public policy. The board will guide the development of the Program and its curriculum.

The Program will span economic fundamentals, market fundamentals, portfolio construction and risk management, and case studies. It is expected to be relevant for those working in asset management, national economic and development agencies, as well as policymakers and investors. WMI chief executive Foo Mee Har said the Program is likely to be launched in January. In addition to the core curriculum, it may also feature special topics such as investing in a post-Covid world, tech disruption and ESG .

She expects the Program to be well received. It will be offered as part of the WMI executive training programme targeted at professionals. But it may also eventually be part of a graduate qualification or a master's degree.

 

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