The Business Times
business-time-50
UKRAINE CONFLICT

Private banks 'neutral' on equities amid turmoil, but favour Asia ex-Japan stocks

Strategists recommend hedges - such as energy stocks and gold - against risk of protracted war between Russia and Ukraine

Genevieve Cua

Genevieve Cua

Published Thu, Mar 10, 2022 · 09:50 PM

    Singapore

    PRIVATE banks have dialled down equity weightings to "neutral" at best, from "overweight" at the start of 2022, as escalating oil prices dim the outlook for global growth and raise fears of stagflation.

    Strategists have also recommended a slew of hedges - such as energy stocks and gold - against the risk of a protracted war between Russia and Ukraine

    Private banking

    TRENDING NOW

    Yen appreciation can accelerate the unwinding of leveraged positions, illustrating how currency and financial stability risks can interact.

    Could Japan trigger the next global financial crisis?

    Sheng Siong reports a modest 1.9% year-on-year growth in Q3 net profit.

    Sheng Siong shares continue last week’s slide, fall over 9% to hit one-year low

    German Chancellor Friedrich Merz says Europe is facing “the most decisive moments... in defending the freedom and peace of (the) continent”.

    If Europe goes to war, the fallout will be felt in East Asia

    Attendees at the inaugural Quy Nhon Dialogue on Climate and Transitions, which took place from Oct 10 to 11 in Vietnam’s central province of Binh Dinh.

    Vietnam’s race for growth tests pace of energy transition: experts

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More