global portfolio

Consumer spending is turning out to be weaker than expected.

The Global Portfolio closed 2% lower for the week ended June 22. Total portfolio returns since inception now stand at 24.5%.

We think the portfolio will continue to outperform in the short to medium term, despite current volatility.

After giving consideration to the prevailing market sentiment, we made several switches in the Global Portfolio.

Many of our investments are based on what we believe are secular trends that will drive sales and earnings over the longer term.

We outperformed all the major benchmark indices, including the MSCI World Net Return index, the Dow Jones Industrial Average.

The tech sector is also widely seen to be one of the biggest beneficiaries of behavioural changes in the aftermath of the Covid-19 outbreak — such as the shift towards e-commerce.

SINGAPORE (Mar 27): The biggest hit to the global economy comes not from the virus itself but from the escalating restrictive movement measures imposed by governments.  “Social distancing” is probably among the most repeated phrases these days, alon

The sell-off has been fast and furious. There is indiscriminate selling across the board, regardless of quality, likely perpetuated by algorithm trading and exchange-traded funds.