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The Renaissance Trade

Goola Warden
Goola Warden • 3 min read
The Renaissance Trade
Some local property stocks and S-REITs could recover as part of de-dollarisation and the move of funds into Europe and Singapore
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Some analysts are looking at European stocks and investors are increasingly turning to European assets. “The ongoing rotation and growing investor preference for Europe (EU) equities is evident in its strong year-to-date outperformance – especially over the S&P 500 Index - and amid fluid tariff developments. The Euro’s strength, particularly during the European Central Bank (ECB) rate cut cycle, further reinforces the shifting sentiment,” says DBS Insights.

Its ETF picks are Amundi Stoxx Europe 600 UCITS ETF (MEUD FP), iShares Core MSCI Europe UCITS ETF (IMEU NA); and SPDR S&P Euro Dividend Aristocrats UCITS ETF (EUDV IM).

The other scramble is for SGD assets. Singapore is one of nine triple-A-rated economies. Along with Australia, Singapore is one of two triple-A-rated economies in the Asian time zone. No surprise then that Singapore assets remain in demand.

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