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UOBAM upbeat on investment outlook for 2019

Ng Ren Jye

Published Thu, Jan 17, 2019 · 09:50 PM

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Singapore

FUNDAMENTAL indicators are pointing to a positive investment outlook in 2019, UOB Asset Management (UOBAM) said in a statement on Thursday.

UOBAM is "overweight" on the Singapore market in the first quarter of 2019, citing a steady earnings outlook "led by the government's fiscal ability to support growth, a more stable property market and improved profitability of banks".

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