Investors should hedge risks, be market-selective in Q4: DBS
It adds in its Asia equity strategy report that banking and property would still drive Singapore's index performance
Singapore
AS tensions over North Korea escalate and US rate hikes accelerate, DBS has advised investors to hedge their risks and be selective in markets in the fourth quarter of this year.
In its Asia equity strategy report released on Friday, the bank said: "Asian markets, although not priced for perfection, leave very little room for tail risk events."
Besides the escalation of the North Korea crisis and acceleration of US rate hikes, other risks include sooner-than-expected unwinding of quan…
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