"Making money while having fun!"

Terence Wong, CFA

Azure Capital Fund Management Singapore Private Debt Fund Singapore Hedge Funds Lyte Fund Terence Wong Blue Suit

Terence Wong, CFA

Founder and CEO


It all started with a big bang

Terence Wong’s journey in the stock market was sparked by the Black Monday crash in 1987. With the primary school national exams looming, he viewed anything capable of diverting his parents’ attention from incessant studying as worth exploring.

Thankfully, his chosen career path is nowhere as tumultuous as the ’87 market meltdown. He was voted Best Country Analyst, served as a judge in the first televised stock challenge, and managed Singapore’s largest independent research company.

In 2015, Terence took the entrepreneurial leap by establishing Azure Capital, following 12 eventful years as the head of research at RHB Investment Bank (formerly known as OSK-DMG) and SIAS Research.

During his time in RHB, Terence assembled a team of young analysts who punched above their weights. His team earned acclaim as the top research house in the Starmine Analyst Awards, while Terence was voted Singapore’s top analyst in the Asiamoney Brokers’ Poll.

Over the past 25 years, Terence has actively shared his views with broadcast and print media. He has also imparted insights to over 40,000 investors through more than 200 seminars regionally. An avid volunteer, he helps with the underprivileged and the elderly. He is one of the few Singaporeans known to have completed a 24-hour volunteer marathon.

Terence currently serves as Chairman of the Investment Committee of SGX-listed Second Chance Properties and Director at Lyte Principal, a licensed fintech. He also sat on the Audit and Risk Committee of the Securities Investors Association (Singapore), Asia’s largest organised investor group.

Know more about Terence:


New Investment Options For The High Net Worth

A Day in the Life of an Analyst

Sunday Times ‘Me & My Money’ Columns

Gems among S’pore stocks to explore (2019)

Investment pro goes against the flow (2013)

He’s saving up to set up a welfare home (2006)

Business Times

RHB Research Head Quits to Start Own Fund


Best Country Analyst
Best Small Cap Research
Most Independent Research


Latest Articles from Terence Wong:


Happy 80th, Yakun!

Having coffee with Adrin Loi has always been predictable. We would meet in Ya Kun Kaya Toast. Not surprising, given that he is the owner of this iconic chain. Not difficult, given there are over 70 outlets peppered across Singapore. This week, however, we met in a posh hotel to celebrate Ya Kun’s 80th anniversary. … Read more


Book Signing in Hawker Centre

Two Rare Sightings: 1. A book signing in a hawker centre.2. A boisterous Ghim Moh Market looking eerily empty. Tan Chin Hwee recently launched his second book, Economic Success: Fate or Destiny?, co-authored with Thomas Grandjean. This book expands on themes from their previous work, Values at the Core: How Human Values Contribute to the … Read more


iFast Zooms Ahead

I was on the selection committee for the SIAS Investors’ Choice Outstanding CEO Award last year. During our deliberations, Lim Chung Chun’s name was frequently mentioned, leading to his eventual win alongside notable figures like Helen Wong, CEO of OCBC. This recognition is well-deserved, considering how Chung Chun has transformed iFast Corporation. The former head … Read more