leftright-investment

On Sept 7, J.P.Morgan came out a report titled "Global Markets Outlook and Strategy". Here, we would like to share the equity strategy written, which we think is the most sought after reference for investors to strategize during this uncertain times. Below is the excerpt from the said report: "We believe perceptions of a US recession will continue to weigh on equity markets and we thus keep a low amount of risk in our equity portfolio and reduce beta to negative." "The most likely positive catalyst for equity markets in the near term lies with US economic data. This is not happening yet. Our US Economic Activity Surprises Index remains in negative territory, where it has been for 5 straight months (Chart 1). We need to see this index moving to positive territory, and US economic data surprising on the upside, for equity markets to sustain a recovery." 2 reasons why Under-performance The August market slump saw emerging market (EM) equities and small caps u...

If Singapore and Malaysia market only is not enough to feed your appetite, then you may consider the whole ASEAN markets. ASEAN was being targeted by international investors again since the 1997 Asian financial crisis given its high growth rates and more stable economy. AmASEAN equity fund seeks to provide capital growth over the medium-to-long term by investing 70% to 98% of the fund's NAV will be invested in a diversified portfolio of equities and equity-related securities which are Shariah Compliant, issued by companies listed in the ASEAN countries, and including securities listed in non-ASEAN countries but with their core business in the ASEAN markets. Core business in this respect means the major business of the company, where majority of the company's revenue (at least 50%) is derived from the ASEAN countries. ASEAN member countries comprise of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. Investment Criteria or Stra...

Yesterday, news portal reported that Bursa Malaysia (BM) together with Singapore Stock Exchange ( SGX ) and Stock Exchange of Thailand ( SET ) are set to join the Asean Exchange Linkage which will go live by the 2nd half of 2011. In addition to the linkage, the exchanges would also promote leading Asean public companies under the brand of " Asean Star ". The cross-border offering of collective investment scheme would kicks-in after that. Migration of local investors? In fact, many local investors are already trading overseas shares, especially Singapore and Hong Kong markets. For them, this made no significant difference , except that the new cross-border trading will reduce the lagging time, thus, boosting the participation and matching rate. If the overhead costs of trading is reduced accordingly, investors will be more reluctant to trade. Anyway, investors can diversify more effectively to regional markets soon. Brokers do not "broke" anymore? Local brokers are...