Investor confidence in S'pore takes a hit, post-Brexit

Singapore

DIVERSIFICATION in one's portfolio will be key to navigating an uncertain and volatile global economy following Britain's historic vote in June to leave the European Union ("Brexit"), a survey has found.

The latest iteration of a half-yearly survey of investor sentiment by JPMorgan Asset Management (JPMAM) has found that local retail investors turned more bearish on the Singapore economy post-Brexit, as compared to when the same survey was conducted pre-Brexit.