Asia investors more worried about returns than Fed rate hike: Pimco
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
PACIFIC Investment Management Co (Pimco) said investors in Asia are more concerned about the returns on their investments than the prospect of higher interest rates in the United States as global growth slows, according to its annual survey of distribution partners.
About 80 per cent of investors in the region surveyed plan to boost their investments in European and Japanese stocks, Newport Beach, California-based Pimco said in a report. About 70 per cent of the respondents are seeking to invest more money in liquid alternative investments, according to the survey.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
