No sign of panic exit from Singapore investors despite volatility: Endowus
Claudia Tan HS
Singapore
ROBO-ADVISER Endowus has seen "no mass panic" from Singapore investors despite the recent market volatility prompted by the outbreak of Covid-19, with the rush of liquidity continuing to drive more inflows.
"We saw very little outflow, but a steady inflow of funds throughout the whole period, even when markets were coming down," Endowus' chief investment officer Samuel Rhee told The Business Times.
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