DBS overweight on US equities for first quarter; sees high volatility for the year
For Q1, it is neutral on equities, underweight on bonds and overweight on alternative investments and cash
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Singapore
A "TUG of war" between bulls and bears which will result in a high-volatility, non-trending environment beckons for financial markets in 2019, said DBS Bank's chief investment officer Hou Wey Fook.
He was addressing DBS Private Bank clients at its H1 2019 market outlook luncheon on Thursday afternoon.
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