Time to double down on S-Reit investments amid MAS 'double barrel' policy tightening
INFLATION is poised to continue rising, as signalled by the Monetary Authority of Singapore (MAS)'s decision last week to tighten its monetary policy for the third time in 6 months.
Investors seeking a hedge against inflation should take yet another look at Singapore-listed real estate investment trusts (S-Reits).
The central bank on Apr 14 raised its inflation forecasts sharply for 2022, even as it announced an aggressive double-tightening move: recentring the mid-point of the Singapore dollar nominal effective exchange rate (S$NEER) policy band at the prevailing rate and slightly raising the rate of appreciation of the policy band.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.