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Rosemont Business Asia congratulates the EDHEC Endowment Funds and its subsidiary, Scientific Beta 

Singapore Exchange (SGX) has recently acquired 93 per cent of Scientific Beta* shares. The Singapore holding of the EDHEC Endowment Fund (SHEEF) will own the rest 7 per cent to allow the EDHEC Business School to retain a board seat. The cost of this operation reached 279S$ million and will offer a much diverse range of products to investors. *Scientific Beta, initially established in 2011 by the EDHEC Business School, is a research-based

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Singapore’s hawker culture added to UNESCO list of intangible cultural heritage 

The Hawker culture in Singapore has officially been included in the UNESCO Representative List of the Intangible Cultural Heritage of Humanity. The process took nearly three years of work by the National Heritage Board which was instigated back in February 2018. A 24-member international committee unanimously accepted Singapore’s application through virtual proceedings in December 2020.     This successful nomination constitutes Singapore’s first item on this distinguished list