"We have selected funds that are termed volatility-controlled, but it's just a more technical term for managing risk. We've always believed that talking about returns, starts from talking about risks."
- Dennis Khoo, head of personal financial services, Singapore, UOB (above)
UOB expects that Income Builder, which has returns hovering around 5 per cent for its moderate risk, should eventually lift returns to 7-8 per cent.
IN AN investor universe called Singapore where most investors are conservative, and a smattering few are big risk takers, UOB has managed in three months to double its assets in a fund that is meant to evenly straddle between risk and return.