Having rallied from 2,898 points at the start of the year to close at 3,232 points on 6 September, the bellwether Straits Times Index (STI) has risen some 11.5% year-to-date – a remarkable feat and easily one of the best performers in Asia.
We look at three main risks Mark Haefele, UBS Chief Investment Officer (CIO) highlighted in his monthly letter, and some tactical asset allocation approaches investors can consider taking.
In the midst of an economic restructuring to become more reliant on productivity than labour, a lower growth rate is expected over the short and maybe mid-term.
How does its exposure to China’s retail scene help CRCT in improving its business operations? Let’s dive deeper to unearth some of its strengths.
Will these end the eight-year-old US equities bull that has been alive for much longer than most economists had expected?
In the previous article, we covered the three things that investors need to know about the current changes to the property cooling measures. They are viewed as baby steps towards loosening the property market without the risk of destabilising it.
With residential property prices falling for the 13th consecutive month, the government has unexpectedly eased some property cooling measures. It is unexpected for the market as the Minister for National Development has expressed his firm stance towards keeping the property curbs last month.
Following its rally, the STI has caught up with its long-term average PE valuation and is no longer cheap on historical measures. The MSCI Singapore index now trades at 13.6x 12-month forward PE (as of 15 February 2017), which is in line with its long-term average. While the valuation of the STI is not expensive, UBS foresees a near-term consolidation following the market's strong year-to-date rally.
Optimism in the US market continues to drive the market as Dow Jones Industrial Average tops the 20,000 mark in late January. This comes on the back of several executive order that President Trump when he went ...
In the previous article, we got the first five of the top ten investment ideas by UBS CIO. In this article, we will cover the last five of the ten ideas for your investment in 2017. This is the second part of a two-part series of UBS: Top 10 Investment Ideas for 2017.