Global equities

The hidden dangers of sovereign debt

The roundtable features (from left) Albert Tse, chief executive of Amundi South Asia, and Steve Brice, global chief investment officer of StanChart. It was moderated by BT wealth editor Genevieve Cua.
BT INVESTMENT ROUNDTABLE

Stretched valuations no barrier to global equity opportunities in 2026: panellists

Yoni Assia, eToro's founder and CEO, views Singapore as an ideal base for the investment platform's expansion plans given its robust capital market.
TOPLINE

Nasdaq-listed eToro to roll out SGX stocks on platform in Asia expansion push

The STI is up 20.7% so far this year, versus the S&P 500’s gain of 16.2%.
MARK TO MARKET

Singapore market reforms may lift sentiment in 2026 despite geopolitical, trade uncertainty

Group CIO Bryan Yeo says GIC's investments centre on semiconductors, AI data centres and hyperscalers, which are areas "where value has been growing as a result of the demand”.

GIC’s chief investment officer warns of AI bubble risk

GIC's annualised rolling 20-year real rate of return for the year ended Mar 31 is down 0.1 percentage point from 3.9 per cent in the year before.

GIC posts 3.8% 20-year annualised real rate of return; expects returns ahead will be more volatile 

Equity prices might be pricing an assumption that tariff threats will be watered down, and bond markets pricing a belief Trump will not actually execute debt-expanding measures and cause investors to spurn Treasuries.
PERSPECTIVE

Trump is sowing confusion in the markets

Citi set its 2026 year-end earnings per share growth for the index at above 11%, which remains below consensus estimates of more than 13%.

Citigroup sets mid-2026 target of 1,150 for MSCI’s global equity index

For the second half of 2025, UBS expects investors to continue diversifying even as tariff and macroeconomic risks moderate.

AI, power, and longevity to drive next decade of transformational innovation: UBS

An investor holding a diversified stock and bond portfolio will likely have some lemons in it. Nonetheless, other portfolio holdings could produce gains which more than compensate for any losses.
SENSE & CENTS

Learning how to cope with losing is an integral part of an investor’s journey