SINGAPORE (May 28): Financial markets have become highly volatile of late, with oil prices, bond yields and currencies swinging wildly and equities enduring many a turbulent turn. Investors have had much to worry about. Global economic growth has been looking shakier, especially in Europe and Japan. Oil prices are at a four-year high. Trade disputes among the major economies could damage world trade. Where geopolitics is concerned, not only are the risks proliferating but the unpredictability in so many of these hotspots also makes it difficult for investors to formulate a clear view on risks and rewards.

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