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April 2023 Research Report


We remain wary of the headwinds from the banking sector stresses as tightening financial conditions continue to weigh on the growth outlook. Given the macro uncertainties, we maintain a defensive stance in our overall asset allocation strategy and favour cash and fixed income over equities. Nevertheless, there are still selected investment opportunities in an increasingly uneven growth landscape. Thus, investors should stay prudent and nimble to capitalise on the opportunities as they arise.      

View the full April 2023 Research Report, please click here.

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