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
Add BT as a preferred source
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
Firm loses wrongful dismissal case despite following termination clause
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Citi, OCBC downgrade UOB post-Q2 results; RHB upgrades on valuation
Soilbuild’s Lim Chap Huat sues Brookfield, claims it reneged on joint venture: WSJ
