It is precisely because Areca has always kept its clients’ interests at heart that it has survived for 15 years despite fierce competition in the industry. This means more of its clients’ money is invested in the market after deducting the sales charge. “We don’t want our people to push products to investors for short-term gain; we want them to stay with us. Last year, Areca introduced various equity funds that allowed its clients to capitalise on the stock market on the back of the pandemic. Areca and its clients also saved costs from not having to convert Malaysian ringgit to Singapore dollars.

Source: The Edge Markets December 26, 2021 22:03 UTC