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S'pore investors overly optimistic about income returns: survey

The average investor expects a 9.2% minimum return, in contrast to average stock market yield of only 3.8%

Singapore

SINGAPORE investors, like their Asian counterparts, are an overly optimistic lot.

A survey comissioned by asset management firm Schroders found that investors in the city-state, particularly millennials, are more bullish and confident about their investment returns.