Singapore equities still favoured amid uncertain, volatile H2 for Asia

Singapore

INVESTMENT strategists are calling investors to reduce exposure to Asian equities in the face of rising rates, trade tensions, a stronger dollar and potential contagion from capital outflows from global emerging markets in the second-half of this year.

Still, Singapore has regained some appeal, not least because value has emerged after a 12 per cent decline between early May and July in the bourse's key benchmark, they say.

The Straits Times Index (STI) did not escape the downbeat mood in…