According to her, Singapore is “stable, not boring”, and will serve as a good diversifier since it offers a stable group of core value stocks which will help to reduce the overall volatility of any equity portfolios.
Heading into a year of great uncertainty for the global market, OCBC Investment Research strategist Carmen Lee says that it would be “prudent” for investors to have some exposure to the unexciting but stable Singapore market.
In her strategy report dated Jan 18, Lee says that although lacking “excitement” is a common charge levied on the Singapore market, there is still value to be found especially in a macroenvironment of persistently elevated inflation and high interest rates.
