US election unlikely to tip scales for Asian stock markets, say analysts
Investors advised against shifting portfolios in knee-jerk reaction to political developments
Singapore
WHILE the US presidential election is likely to cause some degree of volatility in financial markets, experts advise investors in Singapore and the broader Asia region against shifting their portfolios in a knee-jerk reaction to unfolding political developments.
A recent study by UBS revealed that four in five Asian investors are considering making changes to their portfolios prior to the US presidential election, compared to 72 per cent globally. Additionally, 65 per cent of Asian investors are planning to make further changes to their portfolios based on the results of the election compared to 62 per cent globally.
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