Robo-advisers diverge on regulatory risk in China tech exposure
Some retail robo-advisers leaning towards Asian equities and Reits amid Beijing's clampdown on big tech, run-up in US counters
Singapore
QUESTIONS are mounting over lofty stock valuations in the US and China's antitrust squeeze on its tech behemoths, and retail robo-advisers have responded in different ways to rejig their tech exposure in 2021.
Still, this comes as global vaccine rollouts and hopes of economic recovery this year have pushed most robo-advisers to broadly favour equities over fixed income, with a keen preference for Asian assets.
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Surbana Jurong group CEO Sean Chiao to step down; search for successor under way
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future