Singapore fund investors still cautious: Eastspring Investments

SINGAPORE unit trust investors prefer income over growth for the next six months, and are most confident in equities, according to a survey by Eastspring Investments.

"Our study revealed that mutual fund investors in Singapore are continuously searching for yield in the current low-interest environment," said Alvin Chiu, head of marketing at Eastspring Investments.

"Some of our other key findings about mutual fund investors in Singapore are that they are generally risk-averse and understand the benefits of long-term investing. They are also keen to use asset classes beyond traditional bonds to acquire yield and total return."