Asia dividend funds turn to China, India to counter Fed hike
Singapore
ASIAN dividend-paying equity funds are reducing investments in traditional safe bets in favour of companies with rising dividend payouts to guard against investors selling out from the funds when US interest rates rise.
Dividend funds usually invest in stable assets that yield more than bonds and pay predictable returns, but these will become less attractive to investors amid rising returns from Treasuries when the Federal Reserve starts to hike rates.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Dim sum chain Tim Ho Wan ramps up North America, Hong Kong expansion after Jollibee acquisition
Dasmond Koh’s NoonTalk Media narrows Q3 loss by 41.9% to S$0.4 million