Singaporeans target 8.4% annual returns: BlackRock survey

Singapore

BLACKROCK'S latest Global Investor Pulse survey has revealed that Singaporeans target an annual return of 8.4 per cent across all their savings and investment products.

However, despite their focus on investment growth and income, the asset manager finds that Singaporeans hold too much cash, making up nearly half of their savings and investments.

Of the different age groups, millennials (25-34 year olds) are the most ambitio…