This could spell a soft landing for major economies, according to some 57% of respondents in this year’s edition of the annual survey by the Investment Management Association of Singapore (IMAS).
China’s real estate sector, and the world’s economy overall, should stabilise this year, even as inflation remains sticky. This is according to 79 investment professionals from various fund houses in Singapore, who were surveyed for the 2023 Investment Managers Outlook Survey.
According to survey results released on Jan 4, the majority (65%) of respondents believe the US Federal Reserve will cut rates by as much as 75 basis points (bps) this year, while 16% believe the cuts could amount to 100 bps or more.
