Samsung stock rout fails to deter foreign investors
Price weakness seen as a buying opportunity for long-term investors
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Seoul
THE debacle that sent Samsung Electronics Co to its biggest three-day stock rout since 2012 isn't scaring TT International (HK) Ltd and Skagen AS from South Korea's biggest company.
"Samsung offers exceptional value; we have added to our position," said Duncan Robertson, a portfolio manager at TT International, whose Asia Pacific Equity Fund beat 90 per cent of peers over the past year with a 21 per cent annual return. "The battery issue can only be a long-term threat if the company doesn't take the correct steps to restore its brand. We have confidence that they have taken the correct steps so far."
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
