Chilli crabs whet Samsung Asset's appetite amid S'pore stock losses
It sees potential in Jumbo Group, SIA and Sheng Siong; Julius Baer favours Singapore Reits
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
FOR investors reeling after the first annual loss for Singapore stocks in four years, there may be comfort in chilli crabs and airline travel.
While the outlook remains bleak for Singapore shares following the second-worst performance among developed markets last year, Alan Richardson of Samsung Asset Management Ltd is seeing flashes of opportunity. The Hong Kong-based money manager, who shunned Southeast Asia's largest equity market in 2015, spots potential in companies such as Singapore Airlines Ltd and Jumbo Group Ltd, the restaurant company that went public in November. Bank Julius Baer & Co, meanwhile, is drawn to real estate investment trusts.
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium
