The geopolitical tension between Russia and Ukraine is unlikely to derail global economic recovery unless it significantly broadens beyond Ukraine.
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, Indonesia, Japan and Singapore, while in fixed income we like the U.S. and Asian High Yield bonds for their shorter duration and more attractive carry.
View the full March 2022 Research Report, please click here.
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