Three things I learned at PhillipCapital Gala dinner that no trading screen could ever teach me. 😊

Phillip Gala

It was an honor to attend the PhillipCapital Gala Dinner. Between the handshakes and the speeches, three quiet truths landed hard.

1. Mr Luke Lim's vision** 

50% of clients investing via dollar cost averaging (RSP). My take: Wealth is not built overnight. It is built in small, boring, repeatable habits. 

2. Lisa's question** 

"Do you want to be a big fish in a small pond—or a small fish in a big pond?"*

My take: It depends. Have you reached your objective? Protect. Still chasing? Accept more competition for more upside. Know your destination before you choose your pond.

3. Professional networking** 

Over dinner, sponsors and partners shared nuance you will never find in a report. Shifts in positioning. Changes in risk appetite. And the reminder to *celebrate the wins*.

Investing is long and lonely. Community matters. Ideas compound just like capital.

👉 Full reflections in my *Conviction Compass* newsletter: Click on the link:https://bit.ly/ericshareEp51_Galadinner

*Veterans know when to pause, listen, and celebrate.*

👉 Connect at ohlh@phillip.com.sg

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👉 Eric Wealth Advisory Website: https://bit.ly/EricWA

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Edition 49: BT The Singapore equities market is buzzing 6/5/2026 https://lnkd.in/gZNhbDuf 

Edition 50: Meeting EQDP Fund managers https://lnkd.in/gfpYZgXC 

Meeting EQDP Fund managers- Singapore in Focus

 

From PhillipCapital

Group selfies with from Left: PSPL Head and Chief investment director Daryl and fund managers Hock Fai (Manulife) and Kenneth Tang (Amova)

Just sat through one of the most useful fireside chats on Singapore equities in months. Great to connect with veterans and fellow practitioners.

PhillipCapital brought together Chan Hock Fai (Manulife) and Kenneth Tang (Amova) to talk "Singapore in Focus: Global Macro Trends Reshaping the Market."

My three raw takeaways—no sugarcoating:
1. Singapore as a safe haven
Lower volatility than the S&P 500 + attractive dividend yield = better risk-adjusted returns. Not exciting. Just effective.

2. Structural change is real
Share buybacks, dividends, and divestments of non-core assets (Singtel, Keppel cited). CEOs finally acting like owners.

3. EQDP is the quiet trigger
Not just policy. A behavioral shift for listed companies, investors, and intermediaries. Institutional shadows are returning.

The bottom line: Singapore won't be a growth rocket. But for patient capital seeking yield and stability? The scaffolding is finally there.

Click on link below to see my full breakdown.

https://bit.ly/ericshareEP50_SGMacroEQDP

The BT Interview: Why This Singapore Market Rally May Persist

Source: BT 5 May 2026

I was interviewed by The Business Times earlier. Here's the my personal opinion about the SG market rally.

Yesterday, Ranamita Chakraborty's piece—"Singapore Equities Market is Buzzing: Market Participants Hope It Will Last"—went live.

I was honored to be one of those participants. But "hope" is not an investment strategy.

In my full Conviction Compass newsletter, I expand on what I told BT. 

Three structural shifts, not sentiment, are propping up this rally:

1.  More listings are arriving and investment seminars.

 For years, the complaint was "nothing new." That is changing. I am seeing more genuine, earnings-backed issuers eyeing SGX than since 2012. That builds a real floor.

2. Value-Up programs are gaining teeth.

 More listed firms are explicitly connecting their strategy to shareholder returns—not just generic slides. That alignment builds trust. Trust builds lasting markets.

3. MAS EQDP is the quiet conductor.

 Not cheerleading—engineering. The Equity Development Programme is deepening stakes and reducing friction. It's the reason institutional shadows are returning.

Will the buzz last?

 Not every day. But the scaffolding is finally there.

👉 Read my full breakdown in Conviction Compass :https://bit.ly/ericshareEP49_BT_SGRally

Veterans don't chase noise. They watch structure change.