strategy

5 'must own' stocks to scoop up in a market rebound: CIMB

SINGAPORE (Feb 7): CIMB Research is keeping its STI target of 3,600 intact for now, with expectations of 8% earnings per share (EPS) growth for 2018, along with more earnings upgrades ahead in the non-REIT earnings season.

In a Tuesday report, analyst Lim Siew Khee says CIMB’s near-term support for STI hovers between 3,370 and 3,470.

These risks could derail the 'Goldilocks economy' in 2018

SINGAPORE (Dec 22): DBS Group Research is positive on both developed and emerging economies for the year ahead despite the anticipated tightening of central bank liquidity.

The research house is forecasting for Singapore’s policy interest rates to hit 2.15% by the end of 4Q18 based on a three-month swap offer rate (SOR), with the city state’s exchange rates to rise by 0.01 point to 1.40 by the end of 3Q18, before going back down to 2Q’s projected 1.39 level in 4Q18.

Why size matters in Singapore's business environment

SINGAPORE (Dec 14): Company size matters when it comes to working capital performance, which, when managed well, could help to improve business performance and revenue growth.

This is according to the Singapore Working Capital Study 2017 jointly conducted by Pricewaterhouse Coopers (PwC) Singapore and SPRING Singapore, which looked at over 1,000 public and private companies across 15 industries in Singapore.

Global institutional investors brace for volatlity, asset bubbles in 2018: Natixis

SINGAPORE (Dec 7): As allocations to passive strategies register a decline for the third consecutive year, institutional investors are preparing for volatility, asset bubbles and fragile markets ahead in 2018.

This is according to a new global survey from Natixis Investment Managers, formerly known as Natixis Global Asset Management. Decision makers at 500 institutional investment firms who, in sum, manage more than US$19 trillion in assets, were surveyed globally over Sept and Oct 2017 by research firm CoreData on behalf of Natixis.

Jokowi roots for private investment as Freeport dispute lingers

JAKARTA (Oct 17): Indonesia will turn to private investors for the hundreds of billions of dollars in investment needed to develop the archipelago’s infrastructure and natural resources, President Joko Widodo said, brushing off claims he was increasingly becoming an economic nationalist.

Singapore’s solid equity market performance is facing 2 risks, says Morgan Stanley

SINGAPORE (Aug 17): Two positive pillars of Singapore’s seemingly-strong equities market have weakened, according to equity strategists of financial services firm Morgan Stanley.

This comes even as MSCI Singapore’s next 12 months (NTM) P/E nears a four-year high at 14 times, and is up 14.5% in the year to date (YTD) to lead Asean markets though underperforming MSCI Asia ex-Japan (AxJ) by 370 basis points (bps).

Why ‘shorting volatility’ is now in trend, and what it really means

SINGAPORE (Aug 3): As investors allocate their portfolios on hopes of continued global economic expansion, it seems the entire world is shorting volatility, says David F. Lafferty, Natixis senior vice president, chief market strategist.

In Natixis’ capital market note for July, Lafferty explains how super-low volatility in global markets have spurred a new sub-industry in shorting volatility with myriad exchange-traded funds (ETFs), inverse ETFs, and derivative products that usually have a ‘V’ in their tickers.

Sticking to tactical cost savings could hurt APAC companies’ growth: Deloitte

SINGAPORE (July 25): Companies in Asia Pacific (APAC) region are expecting to focus on cost reduction over the next 24 months, especially in Singapore, China and India, according to a new report published by Deloitte.

Key findings from the study also revealed that while cost reduction is a common focus among the countries in the region, the majority of companies (63-83%) say they are not meeting their cost reduction goals, even as more than 40% of companies have cost improvement targets of less than 10%.

This boutique bank sees a ‘clear pattern of further economic strength’ for Singapore

SINGAPORE (July 21): VP Bank is anticipating a moderate acceleration of Singapore’s economic growth rates to take place in the coming quarters on stronger manufacturing output.

The boutique private bank is “neutral” on Singapore on the belief that its fundamentals show a clear pattern of further economic strength, with a projected focus on financials and consumer spending.

Expect modest rally in Asian equities over the next 12 months: Deutsche

SINGAPORE (July 17): Deutsche Bank Wealth Management sees a modest rally in Asian equities over the next 12 months, on expectations of a supportive regional economic landscape and regional valuations.

In its latest chief investment officer (CIO) insights report, the global wealth manager projects a 12-month target of 660 for MSCI Asia ex-Japan with a rise of about 6.5%, following a period of remaining at the bottom of a 620-630 range peaking at 631 on June 26.

The index has already risen more than 20% year to date (YTD).

Be informed of the stories that matter

Subscribe

Be informed of the stories that matter