Local investors want income, harbour home bias: survey

AN ONLINE survey of 300 investors has yielded two takeaways: One is that Singapore mutual-fund investors want a stream of income from their investments, and the other is that they have a stronger home bias than regional investors.

In the survey commissioned by insurer Prudential's asset-management arm Eastspring Investments, it emerged that the desire for income was more pronounced among those married with children, and those planning to buy a mutual fund in the next six months.

Asked how they would change their strategy if interest rates rose, nearly a quarter said they would invest more in an income-generating fund.