The protracted geopolitical tension between Russia and Ukraine is adding downside risk to economic growth amidst tightening monetary policy.  

We continue to advocate building a diversified portfolio including some cash buffer to ensure that the portfolio is not over-leveraged to mitigate the heightened volatility. Within equities, we favour China and Indonesia on attractive risk reward outlook, while in fixed income we like the Asian Investment Grade bonds for more defensive carry.

View the full April 2022 Research Report, please click here.

Disclaimer
Please read the full disclaimer here. This advertisement has not been reviewed by The Monetary Authority of Singapore.