SUBSCRIBERS
No sign of panic exit from Singapore investors despite volatility: Endowus
Published Wed, Jul 15, 2020 · 09:50 PM
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.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
China’s top airlines improve balance sheet in Q1; outlook positive for May Day
Stablecoin issuer Tether invests US$200 million in brain-computer interface company
Yahoo to lay off staff in Singapore as it shifts to content curation
US: Wall St opens higher on megacap strength, Fed verdict awaited
IReit Global occupancy rate grows to 91.5% in Q1
Yen surges against US dollar on suspected intervention