Investing in tourist hotspots amid uncertainty
While there are risks investing in emerging countries, there are ways to mitigate them, such as selecting the right tourist hotspots and doing due diligence
Singapore
THE external environment has become more uncertain in 2019. There is a lack of clarity whether trade tensions between the US and China will eventually reach a standstill, and how Brexit will pan out. The escalation of oil prices due to the latest attacks has added further downward pressure on the global economy.
Amid these uncertainties, investors have naturally gravitated towards safer assets - bonds and real estate in established cities. Yet, the risks from these external events have cut across assets and countries. Accordingly, some investors have turned to sacrificing potential yields for assets, in hopes of reducing their portfolio risks.
TRENDING NOW
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Grab executives buy back shares after stock hits 3-year low on Atome deal
US dollar falters after Iran’s offer to reopen Hormuz sends oil lower
Martin Modern, Wallich Residences properties linked to money laundering case sell for S$16.3 million at auction
